14:03:03 EDT Wed 08 May 2024
Enter Symbol
or Name
USA
CA



Red Lake Gold Inc
Symbol RGLD
Shares Issued 31,837,501
Close 2023-06-26 C$ 0.085
Market Cap C$ 2,706,188
Recent Sedar Documents

Red Lake Gold arranges $175,000 flow-through financing

2023-06-28 14:41 ET - News Release

Mr. Ryan Kalt reports

RED LAKE GOLD INC. ANNOUNCES FLOW-THROUGH FINANCING

Red Lake Gold Inc. intends to conduct a non-brokered flow-through financing consisting of up to 3.5 million flow-through shares to be issued at a price of five cents per flow-through share for gross proceeds of up to $175,000.

Red Lake Gold intends to use the proceeds of the flow-through financing to finance exploration work at its Whirlwind Jack project and/or other exploration opportunities as its current and/or forward-moving project portfolio in Canada presents.

The corporation may pay a 6-per-cent cash finder's fee on certain subscriptions under the flow-through financing.

Insiders (as that term is defined by securities laws) of Red Lake Gold may participate for greater than 25 per cent of the flow-through financing.

The flow-through financing is subject to all applicable regulatory approvals. Shares issued pursuant to the flow-through financing are subject to a customary four-month hold period, pursuant to applicable securities laws of Canada.

We seek Safe Harbor.

© 2024 Canjex Publishing Ltd. All rights reserved.