Just a Reminder !!!!!!! VANCOUVER, BC, July 29, 2020 /CNW/ - Freegold Ventures Limited (TSX: FVL) ("Freegold" or the "Company"), announces that further to its news release of July 9, 2020, the Company has closed its fully subscribed brokered private placement for gross proceeds of $34,500,070 including over-allotment proceeds (the "Private Placement"). Paradigm Capital acted as sole agent (the "Agent") on the Private Placement.
In connection with the Private Placement, the Company entered into an agency agreement (the "Agency Agreement") dated July 29, 2020, between the Company and the Agent. Pursuant the Agency Agreement, the Private Placement consisted of subscription receipts of the Company (the "Subscription Receipts") of which the Company issued 27,272,800 Subscription Receipts at a price of $1.10 per