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Signal Gold Inc. T.SGNL

Alternate Symbol(s):  SGNLF

Signal Gold Inc. is focused on gold mining, development, and exploration company in the top-tier Canadian mining jurisdictions of Nova Scotia & Newfoundland. The Company is advancing the Goldboro Gold Project in Nova Scotia, a significant growth project subject to a positive Feasibility Study. Signal Gold also operates mining and milling operations in the prolific Baie Verte Mining District of Newfoundland which includes the fully permitted Pine Cove Mill, tailings facility and deep-water port.


TSX:SGNL - Post by User

Comment by longagau2on Apr 28, 2021 7:21pm
144 Views
Post# 33088066

RE:News: 6M Financing

RE:News: 6M Financing
more good news. Best thing is that there are no warrants attached. I think the warrants due later in the year are still holding us down. I actually wish they would have waited until the price rose after the PEA. This is selling them too cheaply when they could have just waited a month or two and we would have gotten a lot more bang for the buck. On the plus side, this will get more institutional investment and drive up market cap to allow bigger investors in. Plus at a reasonable price for tax advantaged flow through shares based on current market price. Just wish they would have waited another couple months. We don't need this money right now with our current war chest.
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