Bullboard - Stock Discussion Forum Allegiant Gold Ltd V.AUAU

Alternate Symbol(s): AUXXF

Metals & Mining Gold

Allegiant Gold Ltd. is a Canada-based mid-stage precious metals exploration stage company. The Company’s activities are the exploration and evaluation of resource properties located in the United States of America. Its flagship project, the district-scale Eastside project, hosts a large and expanding gold and silver resource and is in an area of infrastructure. The project is located... see more

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TSXV:AUAU - Post Discussion

Allegiant Gold Ltd > $5 Million Bought Deal Public Offering of Units

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Post by Betteryear2 on Jul 26, 2021 6:31pm

$5 Million Bought Deal Public Offering of Units

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

RENO, Nev., July 26, 2021 /CNW/ - Allegiant Gold Ltd. ("Allegiant" or the "Company") (TSXV: AUAU) (OTCQX: AUXXF) is pleased to announce that it has entered into an agreement with a syndicate of investment dealers led by Cormark Securities Inc. (collectively, the "Underwriters") pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, an aggregate of 12,500,000 units (the "Units") of the Company, at a price of $0.40 per Unit for total gross proceeds to the Company of approximately $5 million (the "Offering").

https://www.newswire.ca/news-releases/allegiant-announces-5-million-bought-deal-public-offering-of-units-808007111.html