E2Gold Inc ETUGF

Primary Symbol: V.ETU

E2Gold Inc. is a Canadian gold exploration company. The Company is engaged in the business of acquisition, exploration and evaluation of mineral properties and developing these properties further or disposing of them when evaluation is complete. The Company's projects include the Hawkins Project and the Band-Ore Project. The 80 kilometers (km) long Hawkins Project covers portions of 10 townships in north central Ontario, about 125 km northeast of Hemlo and approximately 160 km west of Timmins. The property is comprised of approximately 3,310 claims covering 701 square kilometers (km2). The project hosts a shallow-level Inferred Resource - the McKinnon Zone - which is located in the center of the property in Hawkins Township. The Band-Ore Project is located approximately 75 km west of Thunder Bay, Ontario, in Hagey and Conacher Townships, the project consists of 109 staked mining claims, as well as 16 patented mining claims and one mining lease.

TSXV:ETU - Post by User

E2Gold Inc

<< Previous

Bullboard Posts

Next >>

Post by Betteryear2on Mar 06, 2022 9:33am

265 Views

Post# 34487841

E2Gold Announces Private Placement

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA

TORONTO, ON / ACCESSWIRE / March 4, 2022 / E2Gold Inc. (TSXV:ETU)(OTCQB:ETUGF) (the "Company" or "E2Gold") is pleased to announce that it proposes to complete a private placement (the "Offering") pursuant to which it will issue units ("Units") at a price of C$0.10 per Unit, and "flow-through" units ("FT Units") at a price of C$0.11 per FT Unit in any combination to raise aggregate gross proceeds of up to C$2,500,000.The gross proceeds raised from the sale of FT Units will be used for exploration at the Hawkins Gold Project where the Company recently completed a 10,000 metre drill campaign.

https://www.accesswire.com/691663/E2Gold-Announces-Private-Placement