Business
Dakota Gold Announces Closing of $6 Million First Tranche of Up to $9 Million Orion Mine Finance Investment
Lead, South Dakota--(Newsfile Corp. - July 2, 2024) - Dakota Gold Corp. (NYSE American: DC) ("Dakota Gold" or the "Company") is pleased to announce that further
About this update from Dakota Gold Corp.
[{"type":"text","content":" Lead, South Dakota--(Newsfile Corp. - July 2, 2024) - Dakota Gold Corp. (NYSE American: DC) (\"Dakota Gold\" or the \"Company\") is pleased to announce that further to its news release dated June 26, 2024, the Company has closed the equity and royalty investment of $6 million by certain entities managed by Orion Mine Finance (\"Orion\"). In addition, Dakota Gold raised proceeds of approximately $7 million from other investors through the use of the Company's at-the-market offering program between June 27, 2024 to July 1, 2024, resulting, with Orion's investment, in total aggregate gross proceeds of approximately $13 million. This press release is for informational purposes only and is not an offer to sell nor the solicitation of an offer to buy any Shares, which is made only by means of a prospectus supplement and related prospectus. There will be no sale of Shares in any jurisdiction in which the offer, solicitation of an offer to buy or sale would be unlawful. About Dakota Gold Corp. Dakota Gold (NYSE American: DC) is a South Dakota-based responsible gold exploration and development company with a specific focus on revitalizing the Homestake District in Lead, South Dakota. Dakota Gold has high-caliber gold mineral properties covering over 48 thousand acres surrounding the historic Homestake Mine. More information about the Company can be found at www.dakotagoldcorp.com. The Dakota Gold team is focused on new gold discoveries and opportunities that build on the legacy of the Homestake District and its 145 years of gold mining history. Subscribe to Dakota Gold's e-mail list at www.dakotagoldcorp.com/contact-us/sign-up/ to receive the latest news and other Company updates. Shareholder and Investor Inquiries For more information, please contact:Jonathan Awde, President and Chief Executive Officer Tel: +1 604-761-5251Email: [email protected] Forward-Looking Statements This communication contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as \"anticipate,\" \"intend,\" \"plan,\" \"believe,\" \"expect,\" \"may,\" \"should,\" \"will\" and similar references to future periods. These forward-looking statements are neither historical facts nor assurances of future performance and ins...