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Algold Resources Ltd. (TSXV:ALG) announced that it has entered into an agreement with Beacon Securities Limited, as lead underwriter, on its own behalf and on behalf of a syndicate of underwriters, pursuant to which the Underwriters shall purchase 10,000,000 units in the capital of the Corporation on a bought deal basis at a price of $0.30 per Unit for aggregate gross proceeds to the Corporation of $3,000,000.
Algold Resources Ltd. (TSXV:ALG) announced that it has entered into an agreement with Beacon Securities Limited, as lead underwriter, on its own behalf and on behalf of a syndicate of underwriters, pursuant to which the Underwriters shall purchase 10,000,000 units in the capital of the Corporation on a bought deal basis at a price of $0.30 per Unit for aggregate gross proceeds to the Corporation of $3,000,000.
The net proceeds of the Offering will be used for working capital and general corporate purposes.
Connect with Algold Resources Ltd. (TSXV:ALG) to receive an Investor Presentation.
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