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Canadian GoldCamps Announces Extension of Price Protection for Non-Brokered Private Placement
Vancouver, British Columbia – TheNewswire - April 21, 2026 – Canadian GoldCamps Corp. (CSE: CAMP) (OTC: SMATF) (FSE: A68) (the “Company”) announces that, in con
About this update from Canadian Goldcamps Corp
[{"type":"text","content":"Vancouver, British Columbia – TheNewswire - April 21, 2026 – Canadian GoldCamps Corp. (CSE: CAMP) (OTC: SMATF) (FSE: A68) (the “Company”) announces that, in connection with its previously announced non-brokered private placement (the \"Offering\") on March 6, 2026, the Canadian Securities Exchange (the \"CSE\") has approved an extension of the Company's price protection to June 5, 2026, in order to complete subscriptions. As previously disclosed, the Offering consists of up to 13,333,333 units of the Company (the \"Units\") at a price of $0.15 per Unit for gross proceeds of up to $2,000,000. Each Unit will consist of one common share of the Company (a \"Common Share\") and one-half of one common share purchase warrant (each whole warrant, a \"Warrant\"). Each Warrant will entitle the holder to acquire one additional Common Share at a price of $0.25 per share for a period of 24 months from the date of issuance. The Company may accelerate the expiry date of the Warrants, at its discretion, if the closing price of the Company's common shares on the CSE is equal to or greater than $0.75 for a period of five (5) consecutive trading days. In such event, the Company may provide notice to the holders of the Warrants that the expiry date of the Warrants will be accelerated to a date that is 30 days from the date of such notice. Any Warrants not exercised prior to the accelerated expiry date will automatically expire. The net proceeds from the Offering will be used to advance exploration activities on the Company's mineral projects currently under option, including geological work, target development and related exploration programs. A portion of the proceeds may also be allocated to general and administrative expenses and working capital. The Offering may close in one or more tranches and remains subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including final approval of the CSE. The Company may pay finder's fees and/or issue finder's warrants in connection with the Offering in accordance with applicable securities laws and CSE policies. All securities issued pursuant to the Offering will be subject to a statutory hold period of four months and one day from the date of issuance in accordance with applicable Canadian securities laws. This news release does not constitute an offer t...