Mr. Nana Sangmuah reports
ROSCAN GOLD ANNOUNCES CLOSING OF $1,000,000 FULLY SUBSCRIBED NON-BROKERED PRIVATE PLACEMENT FINANCING
Further to its press release dated May 30, 2025, Roscan Gold Corp. has completed its fully subscribed non-brokered private placement through the issuance 10 million common shares in the capital of the company at a price of 10 cents per common share for gross proceeds of $1-million.
Gross proceeds raised from the offering will be used for exploration and development of the Kandiole project and for working capital and general corporate purposes.
All securities issued in connection with the offering are subject to a hold period of four months plus a day from the date of issuance and the resale rules of applicable securities legislation. In connection with the offering, AfroBullion Mine Ltd. received a finder's fee equal to 6 per cent of the gross proceeds of the offering.
About Roscan Gold Corp.
Roscan Gold is a Canadian gold exploration company focused on the exploration and acquisition of gold properties in West Africa. The company has assembled a significant land position of 100-per-cent-owned permits in an area of producing gold mines (including B2 Gold's Fekola mine, which lies in a contiguous property to the west of Kandiole) and major gold deposits, located both north and south of its Kandiole project in western Mali.
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