GHL placement
Goldhills Holding closes $270,000 private placement
2021-04-09 16:33 ET - News Release
Mr. Sergei Stetsenko reports
GOLDHILLS ANNOUNCES CLOSING OF PRIVATE PLACEMENT OFFERING
Goldhills Holding Ltd. has closed its previously announced private placement (see news release dated Feb. 17, 2021), issuing 1.35 million common shares to subscribers of the company at a price of 20 cents per share for total proceeds of $270,000.
All shares issued in connection with the offering will be subject to a four-month statutory hold period, expiring on Aug. 7, 2021. The company paid to finders a fee of $17,500.
The proceeds of the offering will be used to settle outstanding indebtedness and for general working capital purposes.