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Signal Gold Inc ANXGD


Primary Symbol: T.SGNL

Signal Gold Inc. is a Canada-based gold development company. The Company is engaged in advancing the wholly owned Goldboro Project in the Canadian mining jurisdiction of Nova Scotia. The Goldboro Project is an advanced exploration and gold development project located approximately 175 kilometers (km) northeast of the city of Halifax, 60 km southeast of the town of Antigonish, and 1.6 km north of the village of Goldboro, on the eastern shore of Isaac’s Harbour, in Guysborough County, Nova Scotia, Canada. The Company has consolidated approximately 28,525 hectares (285 km2) of prospective exploration land in the Goldboro Gold District.


TSX:SGNL - Post by User

Comment by longagau2on Apr 28, 2021 7:21pm
166 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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