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"FT Shares") of the Company at a price of $1.54 per FT Share (the "FT Issue Price") for gross proceeds to the Company of $25,001,900 (the "Offering").
"This bought deal financing, completed at a significant premium to market, highlights the growing recognition of our flagship RC Gold Project, which is rapidly evolving from an initial discovery into a major gold camp," said Cor Coe, Director and CEO of Sitka. "Combined with our current treasury, this financing provides funding and the ability to accelerate our efforts to further advance RC Gold as we focus on unlocking additional value from this exciting, district-scale gold discovery." Au 79
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