Business
Beauce Gold Fields Closes Non-Brokered Private Placement
(TheNewswire) May 14, 2025 – TheNewswire - Montreal, Quebec, Canada - ...
About this update from Beauce Gold Fields, Inc.
[{"type":"text","content":"Beauce Gold Fields Closes Non-Brokered Private Placement\n\n\n (TheNewswire)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n May 14, 2025 –\n \n\n TheNewswire -\n \n\n Montreal, Quebec,\n \n\n Canada -\n \n\n Beauce Gold Fields (Champs D’Or en\nBeauce) (TSX Venture: \"BGF\"),\n \n\n referred\nto as \"BGF\" or the \"Company,\" is pleased to\nannounce\n \n\n that it is closing a non-brokered\nprivate placement of 7,200,000 units at $0.04 per unit for gross\nproceeds of $288,000.00\n \n\n\n\n Each unit will comprise one common share and one common\nshare purchase warrant of the company which will entitle the holder\nthereof to purchase one common share of the capital stock of the\ncompany at a price of $0.08 for a period of 24 months from the date of\nclosing of the placement. Securities issued under the placement are\nsubject to a four-month and one-day hold period, in accordance with\napplicable Canadian securities laws.  The placement is subject to\nstandard regulatory approvals including the approval of the TSX\nVenture Exchange. The proceeds of the placement will be used: (i) to\nfinance exploration and (ii) for general corporate purposes.\n \n\n\n\n In connection with the placement, the company will pay\na finder's fees of $480.00 to StephenAvenue Securities Inc. of\nToronto, Ontario, of $5,760.00 to Cannaccord Genuity Corp of\nVancouver, $10,059.00 to EMD Financial Inc. of Montreal, Quebec and of\n$300.00 to Leede Financial Inc of Vancouver, British Columbia and will\nalso issue 12,000 warrants to StephenAvenue Securities Inc., 144,000\nwarrants to Cannaccord Genuity Corp. and 144,000 warrants to EMD\nFinancial Inc.   The warrants will entitle the agents to purchase one\ncommon share of the capital stock of the company at a price of $0.08\nfor a period of 24 months from the date of closing of the placement.\nAll shares issued on the warrants exercise are subject to a four\nmonth-hold-period from the date of closing of the placement.\n \n\n\n\n No more than 10% of the proceeds of the placement can\nbe used for Investor Relations Activities. None amount of the proceeds\nof the placement is for payments to Non-Arm’s length parties of the\ncompany nor for payments to persons conducting Investor Relations\nActivities.\n \n\n\n\n About Beauce Gold Fields\n \n\n\n\n Beauce Gold Fields...