09:30:42 EDT Wed 15 May 2024
Enter Symbol
or Name
USA
CA



Big Gold Inc
Symbol BG
Shares Issued 25,118,799
Close 2023-05-17 C$ 0.085
Market Cap C$ 2,135,098
Recent Sedar Documents

Big Gold arranges $500,000 private placement

2023-05-17 17:49 ET - News Release

Mr. Scott Walters reports

BIG GOLD ANNOUNCES PRIVATE PLACEMENT FINANCING

Big Gold Inc. is arranging a non-brokered private placement financing of up to 10 million units at a price of five cents per unit for gross proceeds of $500,000.

Each unit will comprise one common share and one non-transferable common share purchase warrant, with each warrant entitling the holder to purchase one additional common share at a price of eight cents for a period of 18 months from the closing of the offering.

The net proceeds for the offering will be used to complete the company's recently announced exploration program at the Tabor project, northeast of Thunder Bay, Ont., and for working capital purposes.

In accordance with applicable Canadian securities laws, all securities issued pursuant to the private placement will be legended with a hold period of four months and one day from the date of issuance.

About Big Gold Inc.

Big Gold is a junior mining exploration company. Its initial focus is to conduct exploration programs on the Martin Kenty property and its recently acquired Tabor property, both located in Ontario. Big Gold will also continue to consider other opportunities as they arise, with the objective of acquiring and exploring early-stage base and precious metal projects.

We seek Safe Harbor.

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