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Signal Gold Inc T.SGNL

Alternate Symbol(s):  SGNLF

Metals & Mining Gold Industrial Metals & Minerals
Signal Gold Inc. is a Canada-based gold development and exploration 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 in Guysborough County, Nova Scotia, approximately 175 kilometers northeast of Halifax, comprising an exploration license area of over 27,200 hectares (272 km2). The Project is subject to a positive Feasibility Study which demonstrates an open pit life of mine (LOM) with average gold production of over 100,000 ounces per annum. The Company also operates the Tilt Cove Project, a prospective exploration-stage gold copper project located within the Baie Verte Mining District, Newfoundland, with approximately 15,000 hectares of prospective mineral lands and 35 kilometers of high-potential strike length including the Nugget Pond Horizon, a geological unit that hosts the past producing high-grade Nugget Pond Mine.


TSX:SGNL - Post by User

Signal Gold Inc > Merger DD: Pre-Merger Financing Is Good For SGNL
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Post by DoumDiDoumon Oct 15, 2024 6:50pm
312 Views
Post# 36267243

RE: Merger DD: Pre-Merger Financing Is Good For SGNL

RE: Merger DD: Pre-Merger Financing Is Good For SGNLShiftyone:

The risks if this deal falls through are much more for SGNL if the deal falls through, than it is for NEXG.  So SGNL investors do deserve a small premium for that added risk.

I would suggest that buying SGNL in the placement is not as good of a deal as participating the NEXG financing with flow thru.

Once again, it's sooo easy to just give an opinion with "I would suggest that..." without backing your statement with facts. Please prove it.

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Dealroom for high-potential pre-IPO opportunities