Allegiant Gold Ltd V.AUAU

Alternate Symbol(s): AUXXF

Metals & Mining Gold

Allegiant Gold Ltd. is a Canada-based mid-stage precious metals exploration stage company. The Company’s activities are the exploration and evaluation of resource properties located in the United States of America. Its flagship project, the district-scale Eastside project, hosts a large and expanding gold and silver resource and is in an area of infrastructure. The project is located approximately 32 km west of Tonopah, Nevada. The Company’s projects include Bolo, Goldfield West, Browns Canyon, and Overland Pass. The Bolo project is located approximately 60 km northeast of Tonopah, Nevada. The Browns Canyon project consists of over 146 unpatented mining claims, and it is located on the prospective Battle Mountain Gold Trend of Nevada. The Goldfield West Project is comprised of approximately105 mineral claims and subject to a 2% royalty. The Overland Pass Project is100% owned by the Company, and it is located approximately 90 km south of Elko, Nevada.

TSXV:AUAU - Post by User

Allegiant Gold Ltd

<< Previous

Bullboard Posts

Next >>

Post by Betteryear2on Jul 26, 2021 6:31pm

160 Views

Post# 33608224

$5 Million Bought Deal Public Offering of Units

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

RENO, Nev., July 26, 2021 /CNW/ - Allegiant Gold Ltd. ("Allegiant" or the "Company") (TSXV: AUAU) (OTCQX: AUXXF) is pleased to announce that it has entered into an agreement with a syndicate of investment dealers led by Cormark Securities Inc. (collectively, the "Underwriters") pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, an aggregate of 12,500,000 units (the "Units") of the Company, at a price of $0.40 per Unit for total gross proceeds to the Company of approximately $5 million (the "Offering").

https://www.newswire.ca/news-releases/allegiant-announces-5-million-bought-deal-public-offering-of-units-808007111.html