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California Gold Announces Closing of First Tranche of Private Placement

California Gold Announces Closing of First Tranche of Private Placement To...

articleCanadian Goldfields Discovery CorpAugust 14, 20184/company/canadian-goldfields-discovery-corp/news/california-gold-announces-closing-of-first-tranche-of-private-placement
California Gold Announces Closing of First Tranche of Private Placement

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[{"type":"text","content":"California Gold Announces Closing of First Tranche of Private Placement \n\t\t\tbody { font-size: 11pt;\n\t\t\t}\n\n\t\t\t.nr-sub-head ul,\n\t\t\t.nr-body ul {\n\t\t\t\tlist-style-type: disc !important;\n\t\t\t\tmargin-left: 2em !important;\n\t\t\t}\n\n\t\t\t.nr-sub-head ol,\n\t\t\t.nr-body ol {\n\t\t\t\tmargin-left: 2em !important;\n\t\t\t}\n\n\t\t\t.nr-body p, .nr-body {margin-bottom: 0px !important;\n\t\t\t\t\tmargin-top: 0px !important;\n\t\t\t\t\t-webkit-margin-before: 0px !important;\n\t\t\t\t\t-webkit-margin-after: 0px !important;\n\t\t\t\t\tfont-family: Arial !important;\n\t\t\t\t\tfont-size: 11pt !important;\n\t\t\t }\n\n\t\t\ttbody {\n\t\t\t\tborder-top: 0;\n\t\t\t}\n\n\t\t\t H1 {font-weight: bold;\n\t\t\t\tfont-size: 16pt;\n\t\t\t }\n\n\t\t\t H2 {font-weight: bold;\n\t\t\t\tfont-size: 12pt;\n\t\t\t }\n\n\t\t\t H3 {font-weight: bold;\n\t\t\t\tfont-size: 11pt;\n\t\t\t }\n\n\n\t\t\t H1.nr-head {\n\t\t\t \t\tfont-family: Trebuchet MS !important;\n\t\t\t \t\tfont-size: 16pt !important;\n\t\t\t \t\tcolor: #3D86C6 !important;\n\t\t\t \t\tfont-weight:bold !important;\n\t\t\t \t\ttext-align:center !important;\n\n\t\t\t }\n\n\t\t\t H2.nr-sub-head {font-weight: bold !important;\n\t\t\t \t\tdisplay: block !important;\n\t\t\t \t\ttext-align: start !important;\n\t\t\t \t\tfont-family: Arial !important;\n\t\t\t\t\tfont-size: 12pt !important;\n\t\t\t }\n\n\t\t\t .nr-body a { font-size: 11pt !important;\n\t\t\t }\n\n\t\t\t TABLE { width: auto!important;\n\t\t\t }\n\n\t\t California Gold Announces Closing of First Tranche of Private Placement\n Toronto, Ontario (FSCwire) - California Gold Mining Inc. (“California Gold” or the “Company”) (TSX-V:CGM) announces today that it has completed the first tranche of the non-brokered private placement of units (the “Offering”) previously announced on July 31, 2018.\n\n \n\nIn the first tranche, the Company raised gross proceeds of $935,000 from the issuance of 3,740,000 units. Each unit is comprised of one common share and one-half common share purchase warrant. Each whole warrant (the “Warrant”) is exercisable to purchase one common share of the Company for a period of 24 months from the date of issue at a price of $0.50. The Warrants will have an acceleration provision whereby if the closing price of the Company’s common shares...

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