GoGold Resources Inc T.GGD

Alternate Symbol(s): GLGDF

Metals & Mining Silver

GoGold Resources Inc. is a Canada-based silver and gold producer. The Company is principally engaged in the exploration, development, and production of silver and gold in Mexico. It is focused on operating, developing, exploring and acquiring projects in Mexico. The Company operates the Parral Tailings mine (Parral) located in the state of Chihuahua, Mexico, and the Los Ricos district exploration property (Los Ricos), which includes two projects approximately 25 kilometers apart - Los Ricos South (LRS) and Los Ricos North (LRN), which are located in the state of Jalisco, Mexico. The Parral tailings Project is within the town limits of Hidalgo del Parral, in the State of Chihuahua, Mexico, which covers approximately 141 ha. The Los Ricos property is made up of 45 concessions and covers over 25,000 hectares, which is located roughly 100 km northwest of the city of Guadalajara and is easily accessible by paved road.

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GoGold Resources Inc > Closing of C$46 Million Bought Deal Financing

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Post by Betteryear2on Mar 08, 2022 8:27am

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Post# 34494251

Closing of C$46 Million Bought Deal Financing

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE,
PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN
WHOLE OR IN PART, IN OR INTO THE UNITED STATES./

HALIFAX, NS, March 8, 2022 /CNW/ - GoGold Resources Inc. (TSX: GGD) ("GoGold" or the "Company") is pleased to announce that it has closed its previously announced bought deal offering (the "Offering") of 16,146,000 common shares (the "Common Shares") at a price of C$2.85 per Common Share, for aggregate gross proceeds of approximately C$46 million, including proceeds from the full exercise of the over-allotment option to purchase an additional 2,106,000 Common Shares.