Radius Gold Inc V.RDU

Alternate Symbol(s): RDUFF

Metals & Mining Industrial Metals & Minerals

Radius Gold Inc. is engaged in the acquisition and exploration of mineral properties and investment in companies, which hold mineral property interests. It has a portfolio of projects located in Mexico and Guatemala. Its projects include Plata Verde Project, Amalia Project (including the Palmillas Property), Holly Project, and Motagua Norte Project. The Plata Verde Project is located north of the Company’s Amalia Gold-Silver project and east of the Batopilas silver mining district. The Amalia Project is comprised of about 9,794 hectares (ha) located in the Sierra Madre gold belt in the State of Chihuahua, Mexico. The Holly property straddles the regional Jocotan Fault which forms part of the Motagua Suture Zone, about 400 kilometers (km) long by up to 80 km wide deformation zone that separates the North American and Caribbean plates. The Holly project is under a joint venture agreement with Volcanic Gold Mines. The Motagua Norte project has about 86 square kilometers land position.

TSXV:RDU - Post by User

Radius Gold Inc

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Post by loonietuneson Jan 28, 2021 8:05am

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Post# 32407341

RAK News

Simon's got his

Rackla Metals 8.1-million-share private placement

2021-01-27 20:01 ET - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Oct. 22, 2020, Dec. 22, 2020, and Jan. 6, 2021.

Number of shares: 8.1 million shares

Purchase price: 12 cents per share

Warrants: 8.1 million share purchase warrants to purchase 8.1 million shares

Warrant exercise price: 15 cents for a one-year period

Number of placees: 14 placees

Insiders: Simon Ridgway, 1.55 million; William Katzin, 100,000

Total pro group involvement: 400,000 (one placee)

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