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Bullboard - Stock Discussion Forum Kestrel Gold Inc V.KGC

Alternate Symbol(s):  KSTBF

Kestrel Gold Inc. is a Canada-based exploration company. The principal business activities include the acquisition, exploration, and evaluation of mineral properties. The Company owns a 100% interest in the QCM Property, which is an orogenic gold target located in the Manson-Germanson placer district and the Fireweed Property located in the Babine Lake area, an advanced stage silver rich... see more

TSXV:KGC - Post Discussion

Kestrel Gold Inc > Gold ,Yukon Financing Done
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Post by gunfighter on Apr 30, 2021 8:20am

Gold ,Yukon Financing Done

Good News

CALGARY, AB / ACCESSWIRE /April 28, 2021 / Kestrel Gold Inc. (the "Corporation") (TSXV:KGC) announces that it closed its non-brokered private placement of a combination of Common Share Units and Flow-Through Units, as defined below (collectively the "Units"), and raised gross proceeds of $1,200,000.08 (the "Offering") as follows:

  1. 9,560,000 common share units ("Common Share Units") issued at a price of $0.10 per Common Share Unit for gross proceeds of $956,000. Each Common Share Unit consists of one common share ("Common Share") and one-half of one common share purchase warrant (each whole warrant called a "Warrant"), with each Warrant entitling the holder to acquire, for a period of 24 months from the date of issue at a price of $0.20 per common share for the first 18 months and at a price of $0.25 per common share thereafter; and

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