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Dynasty Gold Announces a Private Placement to Raise $300,000
Dynasty Gold Announces a Private Placement to Raise $300,000 Canada NewsWire VAN...
About this update from Dynasty Gold Corp.
[{"type":"text","content":"\n\n\n\nDynasty Gold Announces a Private Placement to Raise $300,000\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, Sept 18, 2017\n\n\n\nVANCOUVER, Sept 18, 2017 /CNW/ - Dynasty Gold Corp. (TSX-V: DYG) (FWB: D5G) (OTC: DGDCF) (\"Dynasty\" or the \"Company\") announces that it plans to complete a non-brokered private placement of up to 2,400,000 units for gross proceeds of $300,000. Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to purchase one common share at $0.20 for the first year and at $0.25 for the second year from closing. The Company will have the right to call the outstanding Warrants for expiry upon 30 days notice in the event that the closing price of the common shares of the Company on the TSX-V is above $0.45 for 10 consecutive trading days. Finder's fees may be payable on a portion of the private placement.  The units issued under the private placement are subject to a four month hold period and the Exchange's approval. \n\nThe Company will use the proceeds of the private placement to fund the Nevada project drill permit renewal, new project due diligence and acquisition, and for general working capital. \n\nAbout Golden Repeat Property in Nevada\n\nThe Company 100-per-cent-owned Golden Repeat claims located in the Elko county, in the most prolific Midas region of Nevada. The Property is located 15 kilometres west-southwest of Klondex's Midas mine and 15 kilometres west-northwest of Klondex's Hollister mine. These claims host many geological similarities to the well-known Midas Gold District. \n\nAbout Dynasty Gold Corp.\n\nDynasty Gold Corp. is a Canadian gold exploration company currently focused on gold exploration in North America.  For more information on the Company and its projects, please refer to the website www.dynastygoldcorp.com. \n\nON BEHALF OF THE BOARD OF DYNASTY GOLD CORP.\n\n\"Ivy Chong\" Ivy Chong, President & CEO_________________________________\n\nThis press release contains certain \"forward-looking statements\" that involve a n...