Mr. Joseph Grosso reports
GOLDEN ARROW INCREASES NON-BROKERED PRIVATE PLACEMENT
Due to continued strong demand, Golden Arrow Resources Corp. has increased the non-brokered private placement offering to up to $1.2-million in aggregate gross proceeds. All other terms of the offering will remain the same as originally announced in the company's news release dated
Jan. 19, 2024.
The company's flagship San Pietro iron oxide copper gold project in Chile is financed to support a resource delineation program through the recently announced option agreement (see news release dated
Jan. 12, 2024). The proceeds of this offering will provide funds for other early-stage exploration work in Argentina as well as the necessary funds for general working capital.
This offering is subject to regulatory approval and all securities to be issued pursuant to the offering are subject to a four-month hold period under applicable Canadian securities laws. Directors, officers and employees of the company may participate in a portion of the offering. A commission may be paid on a portion of the offering. The proceeds of the offering will be used for general working capital and exploration on its properties in Argentina.
About Golden Arrow Resources Corp.
Golden Arrow Resources is a mining exploration company with a successful record of creating value by making precious and base metal discoveries and advancing them into exceptional deposits.
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