Bullboard - Stock Discussion Forum MAS Gold Corp V.MAS

Alternate Symbol(s): MSGCF

Metals & Mining Industrial Metals & Minerals

MAS Gold Corp. is a Canada-based mineral exploration company. The Company is focused on advancing its gold exploration projects in the prospective La Ronge Gold Belt of Saskatchewan. It is exploring on four properties in the belt, including the Preview-North, Greywacke Lake, Elizabeth Lake and Henry Lake Properties, totaling 35,175.6 hectares (86,920.8 acres). These properties extend along the... see more

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TSXV:MAS - Post Discussion

MAS Gold Corp > MAS Gold raises approx. $1.8 Million under rights offering

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Post by allison5120 on Sep 13, 2023 3:55pm

MAS Gold raises approx. $1.8 Million under rights offering

Pleased to see that MAS Gold raised approx.$1.8 million under its rights offering by issuing nearly 180 million new common shares. See today's press release from MAS Gold found at https://stockhouse.com/news/press-releases/2023/09/12/mas-gold-corp-announces-closing-of-rights-offering

Comstock Metals Ltd. $CSL.V exercised 21 million MAS Gold rights acquiring an additional 21 million MAS Gold shares bringing Comstock's ownewship position in MAS Gold to over 47 million (representing approximately a 12% ownership interest in MAS Gold). See https://www.comstock-metals.com/2023/08/31/comstock-announces-loan-agreement-and-intention-to-exercise-21000000-rights-to-purchase-mas-gold-shares/.

We're hopeful that MAS can now rebuild its share price and market value. It has some great gold assets in the LaRonge district, Saskatchewan.

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