RE:Pp @ 51 cents
Damn1212 wrote: Pp at a higher price than market
Thats odd
Another example of a financing done well above the market price is Goliath GOT. Currently trading around $1.05 and the flow through was completed at $1.44 so it is fairly common these days due to poor market conditions. Everything selling off again today with the gold juniors. Difficult to believe there is such a poor market for the gold juniors with the price of gold well above $2600 an ounce. Strange times
Goliath Resources private placement
2024-10-31 18:22 ET - Private Placement
Financing type: non-brokered private placement
Gross proceeds: $16,120,500
Offering: 6,237,257 charity flow-through common shares and 2,640,221 flow-through common shares
Offering price: $1.975 per charity flow-through share and $1.44 per flow-through share
Commissions in securities: 164,249 finders' warrants
Commission terms: 128,835 finders' warrants each to entitle the holder thereof to acquire one common share at an exercise price of $1.26 per share; 35,413 finders' warrants each to entitle the holder thereof to acquire one common share at an exercise price of $1.44 per share
Disclosure: Refer to the company's news releases dated Sept. 4, 2024, Sept. 12, 2024, Sept. 18, 2024, Sept. 26, 2024, and Oct. 3, 2024.