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Bullboard - Stock Discussion Forum Gold Line Resources Ltd. V.GLDL

Metals & Mining Industrial Metals & Minerals
Gold Line Resources Ltd is focused on advancing gold projects with significant exploration potential in prolific gold-producing regions of Sweden and Finland. The company is working in mining jurisdictions and emerging exploration frontiers due to its strong mineral endowment, stable tenure, straightforward permitting, favourable tax regime and supportive geopolitical landscape. It holds a... see more

TSXV:GLDL - Post Discussion

Gold Line Resources Ltd. > GLDL.V GOLD SPROTT INVOLVEMENT .INSIDERS BUYING.
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Post by Charts1 on Mar 21, 2022 10:31am

GLDL.V GOLD SPROTT INVOLVEMENT .INSIDERS BUYING.

The company issued 25.625 million units at $0.16 apiece under the placement. Each unit consisted of one common share and one warrant that entitles the holder to buy one additional common share within 36 months.

Gold Line said certain members of the Sprott group of companies acted as finders in the private placement with respect to the sale of 18.75 million units, or $3 million. Two company insiders bought 1.25 million units.

Comment by victorysquare on Mar 24, 2022 8:27pm
Very tricky headline. Sprott strategic involvement? Not the Sprott one is lead to believe. It's a bunch of penny stock brokers peddling this over diluted little pig for a 8% fees and cheap options. 
Gold Line Resources Ltd.