Business
Edgemont Gold Announces Non-Brokered Private Placement of Units
Vancouver, British Columbia--(Newsfile Corp. - January 18, 2025) - Edgemont Gold Corp. (CSE: EDGM) (the "Company") is pleased to announce a non-brokered private
About this update from Edgemont Gold Corp.
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - January 18, 2025) - Edgemont Gold Corp. (CSE: EDGM) (the \"Company\") is pleased to announce a non-brokered private placement financing (the \"Offering\") of up to 8,500,000 units of the Company (\"Units\") at a price of C$0.05 per Unit for aggregate gross proceeds of up to C$425,000. Each Unit consists of one common share in the capital of the Company (the \"Shares\") and one common share purchase warrant (each, a \"Warrant\"), with each Warrant exercisable for a period of 36 months from the date of issuance at an exercise price of $0.05 per Share. The Units and Shares upon exercise of the Warrants sold pursuant to the Offering will be subject to a four-month hold period pursuant to securities laws in Canada. The Company intends to use the net proceeds of the Offering for general working capital. The closing of the Offering is subject to certain conditions including, but not limited to, the submission of all required forms to the Canadian Securities Exchange. The securities of the Company have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the \"U.S. Securities Act\") or any U.S. state securities laws and may not be offered or sold in the United States absent registration or an available exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there by any sale of the securities referenced in this press release, in any jurisdiction in which such offer, solicitation or sale would be unlawful. About Edgemont Edgemont holds a 100% interest in the Dungate copper/gold porphyry project located just 6 km south of Houston, BC, in a region with a history of successful mining projects including the Equity Silver Mine and Imperial Metals' Huckleberry Mine. The Dungate project is comprised of five mineral tenures covering 1,582.2 hectares that can be explored year-round by all-season roads. For more information, please visit our website at www.edgemontgold.com. For further information, please contact:Stuart RogersChief Executive OfficerEdgemont Gold Corp.Tel: (778) 239-3775www.edgemontgold.com Neither the Canadian Securities Exchange nor its Market Regulator (as the term is defined in the ...