The Conversation (0)
TomaGold Corporation (TSXV:LOT) closed the first tranche of its non-brokered financing totalling $811,300, comprised of $749,300 in flow-through units and $62,000 in common units.
As quoted in the press release:
In connection with the flow-through units, the Company has issued 4,995,333 flow-through common shares priced at $0.12 per share, 1,498,600 common shares priced at $0.10 per share and 1,498,600 warrants. Each warrant entitles its holder to purchase one common share of the Company at $0.12 within a one-year period.
For the common units, the Company has issued 620,000 common shares priced at $0.12 and 620,000 warrants, with each warrant entitling its holder to purchase one common share of the Company at $0.12 within a one-year period.
Click here to read the TomaGold Corporation (TSXV:LOT) press release
