Business
Big Gold Closes Non-Brokered Private Placement
All amounts expressed are in Canadian dollars.Toronto, Ontario--(Newsfile Corp. - April 3, 2025) - Big Gold Inc. (CSE: BG) ("the Company" or "Big Gold") is pleased to announce that the Company has closed a non-brokered private placement offering ("the Offering") for gross proceeds of $25,000.As part of the closing, the Company issued 1,000,000 units ("Units") at a price of $0.025 per Unit for gross proceeds of $25,000. Each Unit consists of one (1) common ...
About this update from Big Gold, Inc.
[{"type":"text","content":"All amounts expressed are in Canadian dollars.","length":46,"tagName":"p","attribs":{}},{"type":"text","content":"Toronto, Ontario--(Newsfile Corp. - April 3, 2025) - Big Gold Inc. (CSE: BG) ("the Company" or "Big Gold") is pleased to announce that the Company has closed a non-brokered private placement offering ("the Offering") for gross proceeds of $25,000.","length":277,"tagName":"p"},{"type":"text","content":"As part of the closing, the Company issued 1,000,000 units ("Units") at a price of $0.025 per Unit for gross proceeds of $25,000. Each Unit consists of one (1) common share and one half (1/2) non-transferable purchase warrant (a "Warrant") with each Warrant entitling the holder to purchase one additional common share at a price of $0.05 for a period of eighteen (18) months from the closing of the Offering).","length":430,"tagName":"p"},{"type":"text","content":"The net proceeds of the Offering will be used for working capital purposes.","length":75,"tagName":"p"},{"type":"text","content":"In accordance with applicable Canadian securities laws, all securities issued pursuant to the private placement will be legended with a hold period of four months and one day from the date of issuance.","length":201,"tagName":"p"},{"type":"text","content":"Completion of the private placement and payment of any finder's fees remain subject to the receipt of all necessary regulatory approvals, including approval of the Canadian Securities Exchange (the "CSE").","length":219,"tagName":"p"},{"type":"text","content":"About Big Gold Inc. ","length":19,"tagName":"p"},{"type":"text","content":"Big Gold Inc. is a junior mining exploration company. Its initial focus is to conduct exploration programs on the Martin Kenty Property and its recently acquired Tabor Property, both located in Ontario. Big Gold will also continue to consider other opportunities as they arise, with the objective of acquiring and exploring early-stage base and precious metal projects.","length":369,"tagName":"p"},{"type":"text","content":"For more information, please contact investor relations at [email protected].","length":80,"tagName":"p"},{"type":"text","content":"On Behalf of the Board of Directors, Scott WaltersPresident and CEO","length":69,"tagName":"p"},{"type":"text","content":"Neither the Canadi...