
Newrange Gold Corp. (TSXV:NRG, OTC Pink:NRGOF) (“Newrange” or the “Company”) is pleased to announce it has closed a $900,600.00 non-brokered private placement through the issuance of 11,257,500 units at a price of $0.08 per unit (the “Units”).
Newrange Gold Corp. (TSXV:NRG, OTC Pink:NRGOF) (“Newrange” or the “Company”) is pleased to announce it has closed a $900,600.00 non-brokered private placement through the issuance of 11,257,500 units at a price of $0.08 per unit (the “Units”). Each Unit consists of one share and one share purchase warrant that can be exercised for one additional share at a price of $0.12 per share for a two (2) year period (the “Warrants”). Under certain terms the Warrants may be accelerated if the closing price of the Company’s common shares on the TSX Venture Exchange exceeds $0.20 for any 20 consecutive days.
Proceeds will be used to advance the Company’s high-grade Pamlico Gold project in Nevada and for general and working capital. There will be no finders fees paid in respect to this financing. All securities issued will be subject to a four-month hold period and subject to TSX Venture approval.
About Newrange Gold Corp.
Newrange is an exploration and development company focused on near to intermediate term production opportunities in favorable jurisdictions including Nevada, and Colombia. With numerous drill intercepts of high-grade, near surface, oxide gold mineralization, the Company’s Pamlico Project is poised to become a significant new Nevada discovery. Focused on developing shareholder value through exploration and development of key projects, the Company is committed to building sustainable value for all stakeholders. Further information can be found on our website at www.newrangegold.com.
Mr. Robert G. Carrington, P. Geo, a Qualified Person as defined by National Instrument 43-101, the President and CEO of the Company, has reviewed, verified and approved for disclosure the technical information contained in this news release.
Signed: “Robert G. Carrington”
President & CEO
For further information contact:
Sharon Hebgin Dave Cross
Corporate Communications Chief Financial Officer and Corporate Secretary
Phone: 760-898-9129 Phone: 604-669-0868
Email: info@newrangegold.com Email: dcross@crossdavis.com
Website: www.newrangegold.com
Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statement:
Some of the statements in this news release contain forward-looking information that involves inherent risk and uncertainty affecting the business of Newrange Gold Corp. Actual results may differ materially from those currently anticipated in such statements.
Source: www.thenewswire.com
MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 1843.17 | +0.99 | |
Silver | 21.72 | -0.18 | |
Copper | 4.28 | 0.00 | |
Palladium | 1966.00 | -38.00 | |
Platinum | 954.00 | -5.00 | |
Oil | 113.54 | +1.33 | |
Heating Oil | 3.66 | -0.01 | |
Natural Gas | 8.15 | -0.15 |
DOWNLOAD FREE REPORTS
BROWSE COMPANIES BY SECTOR
- Agriculture Investing
- Phosphate Investing
- Potash Investing
- Base Metals Investing
- Copper Investing
- Iron Investing
- Lead Investing
- Nickel Investing
- Zinc Investing
- Battery Metals Investing
- Cobalt Investing
- Graphite Investing
- Lithium Investing
- Manganese Investing
- Vanadium Investing
- Critical Metals Investing
- Magnesium Investing
- Rare Earth Investing
- Scandium Investing
- Tantalum Investing
- Tellurium Investing
- Tungsten Investing
- Energy Investing
- Oil and Gas Investing
- Uranium Investing
- Gem Investing
- Diamond Investing
- Industrial Metals Investing
- Aluminum Investing
- Chromium Investing
- Coal Investing
- Molybdenum Investing
- Tin Investing
- Precious Metals Investing
- Gold Investing
- Palladium Investing
- Platinum Investing
- Silver Investing
- 3D Printing Investing
- Bitcoin Investing
- Blockchain Investing
- Cleantech Investing
- Cloud Investing
- Cryptocurrencies
- Data Investing
- Emerging Tech Investing
- Artificial Intelligence Investing
- Mobile Investing
- Robotics Investing
- Fintech Investing
- Gaming Investing
- Esports Investing
- Nanoscience Investing
- Graphene Investing
- Nanotech Investing
- Security Investing
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.