St James Gold Corp V.LORD

Alternate Symbol(s): LRDJF

Metals & Mining Industrial Metals & Minerals

St. James Gold Corp. is a Canada-based gold exploration and mining company. The Company is on focused the discovery and development of economic mineral deposits by acquiring prospective exploration projects. The Company holds 29 claims, covering 1,791 acres, in the Gander gold district in north-central Newfoundland located adjacent to New Found Gold Corp.’s Queensway North project, and nine claims, covering a total of 1,730 acres, in central Newfoundland located adjacent to Marathon Gold's Valentine Lake property. The Grub Line property is located approximately 3.5 kilometers (km) west of the town of Gander, NL. The Quinn Lake Property comprises two contiguous mineral licenses totaling 700 hectares (ha).

TSXV:LORD - Post by User

St James Gold Corp

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Post by maysilverstoneon Aug 30, 2021 3:34pm

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Post# 33782769

$LORD

$LORD announced on Friday the closing of first tranche of brokered pp offering.

- 54,084 units of the company at $3.22 per unit

- 532,390 flow-through units at $3.86 per FT Unit

- Gross proceeds of $2.2M

The proceeds will be used to conduct drilling on the Florin Gold Project, exploration on the Company’s Newfoundland properties, and for general corporate purposes.

$LORD has great projects including the Florin Gold Project in Yukon that contains 2.4M oz of gold, the Grub Line property's initial exploration program is underway, and they have pursued prospecting and exploration on the Quinn Lake property in Newfoundland. Very excited to hear updates on these projects that have lots of potential!

They are up 1.3% today to $3.90 with a mc of $84.15M. Tight share structure too.

https://www.globenewswire.com/news-release/2021/08/27/2287887/0/en/ST-JAMES-GOLD-CORP-TSX-V-LORD-ANNOUNCES-CLOSING-OF-FIRST-TRANCHE-OF-BROKERED-PRIVATE-PLACEMENT-OFFERING.html

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