17:42:04 EDT Tue 22 May 2018
Enter Symbol
or Name

Columbus Gold Corp
Symbol C : CGT
Shares Issued 143,016,086
Close 2017-02-14 C$ 0.94
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Columbus Gold closes $5.04-million bought deal

2017-02-15 12:00 ET - News Release

Mr. Robert Giustra reports


Columbus Gold Corp. has closed its previously announced bought-deal offering of eight million common shares of Columbus at a price of 63 cents per share for gross proceeds to Columbus of $5.04-million. The offering was completed pursuant to an underwriting agreement dated Jan. 24, 2017, between Columbus and Beacon Securities Ltd. The shares were offered by way of a short-form prospectus filed in each of the provinces of Canada, except Quebec. In connection with the offering, Columbus paid a commission equal to 6 per cent of the gross proceeds of the offering and issued to the underwriter 480,000 compensation options, equal to 6 per cent of the shares sold under the offering.

The proceeds of the offering will be used to carry out an exploration drilling program at Columbus's Montagne d'Or gold project in French Guiana, and for working capital and general corporate purposes.

We seek Safe Harbor.

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