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Green River Gold Corp
Symbol CCR
Shares Issued 84,962,423
Close 2022-12-08 C$ 0.075
Market Cap C$ 6,372,182
Recent Sedar Documents

Green River increases private placement to $560,000

2022-12-09 09:03 ET - News Release

Mr. Perry Little reports

GREEN RIVER GOLD CORP. ANNOUNCES UPSIZE OF PREVIOUSLY ANNOUNCED NON-BROKERED FLOW-THROUGH SHARE OFFERING

Further to its press release dated Nov. 2, 2022, due to demand, Green River Gold Corp. has increased the size of its previously announced non-brokered private placement of flow-through common shares. Each flow-through share will be offered at a price of eight cents. In addition, one-half of a common share warrant will be issued for each flow-through share issued under the flow-through offering. Each warrant will be exercisable to acquire one common share in the company for a period of two years following the closing of the flow-through offering at an exercise price of 12 cents per share, subject to acceleration (as set out as follows).

If the closing price of the company's shares on the Canadian Securities Exchange (or such other principal exchange on which the shares may be traded at such time) is equal to or greater than 25 cents for a period of 10 consecutive trading days, the company may, at its sole option, accelerate the expiry date of warrants to the date that is 30 days following the date upon which notice of the accelerated expiry date is provided by the company (given by way of news release).

The company has increased the size of the flow-through offering for flow-through shares to up to seven million flow-through shares for gross proceeds of up to $560,000. The upsized offering of flow-through shares is expected to close on or about Dec. 30, 2022.

About Green River Gold Corp.

Green River Gold is a Canadian mineral exploration company focused on its wholly owned Fontaine gold project, Quesnel nickel/magnesium/talc project and Kymar silver project, which are located in renowned mining districts in British Columbia.

The Fontaine and Quesnel properties straddle an 18-kilometre length of the Barkerville and Quesnel terranes and are contiguous to Osisko Development Corp.'s mineral claim group containing a proposed mine location at its Cariboo gold project.

The Kymar silver project is located in southeast British Columbia, approximately 28 kilometres west of the town of Invermere in the Golden mining division. The property is made up of two mineral tenures, totalling 1,625 hectares, along the southeast flank of Mount Catherine.

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