Join today and have your say! It’s FREE!

We will not release or resell your information to third parties without your permission.

Please Try Again

By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

Please Try Again

Password Hint : {{passwordHint}}

Remember me

Freegold Ventures Limited T.FVL

Alternate Symbol(s): FGOVF

Metals & Mining Gold

Freegold Ventures Limited is a Canada-based company focused on exploration in Alaska. The Company holds Golden Summit Gold Project near Fairbanks and Shorty Creek Copper-Gold Project near Livengood through leases. The Golden Summit Project is a road-accessible gold exploration project near Fairbanks, Alaska. The project comprises approximately 53 patented claims, 107 unpatented federal claims, and 244 State of Alaska claims that cover a total area of 6,110.4 hectares. The property includes Keystone Claims, Newsboy Claims, Tolovana Claims, Green Claims, Chatham Claims, Alaska Mental Health Trust Property, Alaska Mining and Development Property, Discovery Claims, and Cheechako Claims. The property includes three main rock units: Fairbanks Schist, Chatanika Terrane and intrusive rocks. The Shorty Creek Project is 120 kilometers northwest of Fairbanks, Alaska and four kilometers south of the all-weather paved Elliott Highway within the Livengood-Tolovana Mining District.

TSX:FVL - Post by User

Freegold Ventures Limited > THE BOTTOME LINE

<< Previous

Bullboard Posts

Next >>

Comment by Teakboison Nov 02, 2021 6:45pm

101 Views

Post# 34079729

RE:THE BOTTOME LINE

RE: Cash......I think you may have failed to include the following in your estimate as the following occurred after June 2020.

Freegold Announces Conversion of Outstanding Subscription Receipts

T.FVL | September 21, 2020

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

VANCOUVER, BC , Sept. 21, 2020 /CNW/ - Freegold Ventures Limited (TSX: FVL) (" Freegold " or the " Company ") is pleased to announce that the 59,047,026 outstanding subscription receipts (the " Subscription Receipts ") of the Company have converted (the " Conversion ") into an aggregate of 59,047,026 common shares of the Company and 29,523,513 common share purchase warrants, and that, concurrently, an aggregate of CDN$39,154,007 (the " Escrowed Funds "), being the net proceeds remaining in escrow from the issuance of the Subscription Receipts pursuant to the Company's brokered private placement financings previously announced on May 26, 2020 , June 2, 2020 and July 29, 2020 (the " Financing Press Releases "), has been released from escrow to the Company (the " Escrow Release "