10:20:25 EDT Sun 19 May 2024
Enter Symbol
or Name
USA
CA



Intact Gold Corp
Symbol ITG
Shares Issued 45,146,922
Close 2016-08-12 C$ 0.10
Market Cap C$ 4,514,692
Recent Sedar Documents

ORIGINAL: Intact Gold closes $200,000 financing

2016-08-12 20:13 ET - News Release

Received by email:

File: ITG NR - PP Closing 08.12.16.pdf

                       INTACT GOLD CLOSES $200,000 NON-BROKERED PRIVATE PLACEMENT


August 12, 2016   Vancouver, BC - Intact Gold Corp. (TSX-V: ITG) (FSE: 1A5) (the "Company" or "Intact
Gold"), is pleased to announce that the company has closed its previously announced non-brokered
private placement (news release dated August 5, 2016).

The private placement consisted of the issuance of 2,666,667 million units at a price of 7.5 cents per unit
for gross proceeds of $200,000. Each unit comprises one common share and one common share purchase
warrant. Each whole warrant entitles the holder to acquire one additional common share until August 12,
2018 at a price of 10 cents.

Proceeds of the placement will be applied to the Company's properties and to general working capital.

All securities issued in connection with the offering will be subject to a statutory hold period of four
months plus a day from the date of issuance in accordance with applicable securities law. The offering is
subject to a number of conditions, including receipt of all necessary corporate and regulatory approvals,
including approval of the TSX-V.

ON BEHALF OF THE BOARD OF DIRECTORS OF INTACT GOLD CORP.

Per: Anthony Jackson, President and CEO

For further information, please contact the Company at 604-283-1722.

Disclaimer for Forward-Looking Information
Except for statements of historical fact, this news release contains certain "forward-looking information" within the 
--->meaning of
applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", 
--->"project",
"intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions
---> "may" occur.
Forward-looking information in this press release includes, but is not limited to, statements regarding expectations o
--->f management
regarding the acquisition of the Property. Although the Company believes that the expectations reflected in the forwar
--->d-looking
information are reasonable, there can be no assurance that such expectations will prove to be correct. Such forward-lo
--->oking
information is subject to risks and uncertainties that may cause actual results, performance or developments to differ
---> materially
from those contained in the statements including, without limitation, the risks that the Company may not have the fund
--->s necessary
to make its payments pursuant to the Agreement, that the TSX-V may not approve the transaction, and other factors beyo
--->nd the
control of the Company. Except as required by law, the Company expressly disclaims any obligation, and does not intend
--->, to update
any forward-looking information in this news release.




    Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the 
--->TSX Venture
                          Exchange) accepts responsibility for the adequacy or accuracy of this release.
 


© 2024 Canjex Publishing Ltd. All rights reserved.