Gold X Mining Corp. GLDXF

Master of dillution

[silverfreakynew]

Sandspring Resources Announces Non-Brokered Private Placement August 6, 2019 – Denver, Colorado and Vancouver, British Columbia – Sandspring Resources Ltd. (SSP: TSX-V / SSPXF: OTC) (“Sandspring” or the “Company”) announces a non-brokered private placement of 25,000,000 units (the “Units”) at a price of $0.20 per Unit for gross proceeds of up to $5,000,000. Each Unit consists of one common share of the Company (“Share”) and one share purchase warrant entitling the holder to purchase one Share at $0.35 for a period of five years from the date of issuance (“Warrant”). It is anticipated that insider Gran Colombia Gold Corp. will participate in the private placement subject to TSX Exchange approval. A finder’s fee may be payable in association with this financing to arms-length purchasers. The Company intends to use the proceeds to commence work on the feasibility study for its flagship Toroparu Gold Project located in the Mazaruni-Cuyuni region of Western Guyana, for additional step out and exploration drilling at its Chicharrn Silver-Gold project located in the Segovia Mining District of Colombia, and for general working capital purposes. Completion of the private placement is subject to the acceptance for filing of the TSX Venture Exchange. The securities issued by the Company in connection with this offering are subject to a four-month “hold period” as prescribed by the TSX Venture Exchange and applicable securities laws. On behalf of the Board of Directors of Sandspring Resources 

Sandspring is weaker as the HUI .And in this Index are a lot of garbage miner.
This CEO can only shift the money from the small share holder in his own pockets or to the
big ones.