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Nevada Sunrise Gold Corporation (TSXV:NEV) announced it has closed its previously announced non-brokered private placement for gross proceeds of $600,000, consisting of the sale of four million units at a price of 15 cents per unit, with each unit consisting of one common share of the company and one common share purchase warrant.
Nevada Sunrise Gold Corporation (TSXV:NEV) announced it has closed its previously announced non-brokered private placement for gross proceeds of $600,000, consisting of the sale of four million units at a price of 15 cents per unit, with each unit consisting of one common share of the company and one common share purchase warrant.
In connection with the offering, the company paid finders’ fees of 5 per cent cash totalling $14,662.50 and issued 97,750 finders’ warrants. Each finder’s warrant will entitle the holder thereof to purchase a unit in Nevada Sunrise at a price of 16.5 cents per unit, exercisable at any time for 36 months following issuance.
Proceeds from the offering will be used to finance the exploration of the company’s Nevada gold and lithium exploration properties, and for general working capital.
Connect with Nevada Sunrise Gold Corporation (TSXV:NEV) to receive an Investor Kit
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