Business
Exploits Discovery Announces Increase in Financing
Toronto, Ontario--(Newsfile Corp. - December 5, 2023) - Exploits Discovery Corp. (CSE: NFLD) (OTCQX: NFLDF) (FSE: 634) ("Exploits" or the "Company") announces t
About this update from Epic Gold Corp.
[{"type":"text","content":" Toronto, Ontario--(Newsfile Corp. - December 5, 2023) - Exploits Discovery Corp. (CSE: NFLD) (OTCQX: NFLDF) (FSE: 634) (\"Exploits\" or the \"Company\") announces that, further to its news releases of October 25th and November 8th, 2023, it has increased the previously announced financing from $2,000,000 to $2,344,629 and will issue up to 21,314,809 flow through common shares (each a \"FT Share\") at a price of $0.11 per FT Share (the \"Offering\"). The gross proceeds received by the Company from the Offering will be used to incur eligible \"Canadian exploration expenses\" (\"CEE\") that are \"flow-through mining expenditures\" (as such term is defined in the Income Tax Act (Canada)) related to the Company's mining projects. In connection with the Offering, the Company may pay a finder's fee in respect of subscribers introduced to the Company by an eligible finder. All securities issued under the Offering will be subject to a four-month-and-one-day statutory hold period in accordance with applicable securities laws. Completion of the Offering remains subject to any required regulatory approvals. About Exploits Discovery Corp. Exploits is a Canadian mineral exploration company focused on the acquisition and development of mineral projects in Newfoundland and Labrador, Canada. The Company is focused on discovering high-grade structurally hosted epizonal gold similar to New Found Gold's success along the Appleton Fault Zone and parallel structures within the Exploits Subzone. Exploits is utilizing its experienced, talented local team and geologic understanding with the vision to become one of the most successful explorers in Canada. On Behalf of the Board /s/ \"Jeff Swinoga\"President and CEO For more information, please contact: Shanda KilbornVP, Investor Relations+1 (778) [email protected]://exploitsdiscovery.com Neither the Canadian Securities Exchange nor its Regulation Service Provider (as the term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy of accuracy of this news release. Forward-Looking Statements This news release contains certain forward-looking statements, which relate to future events or future performance and reflect management's current expectations and assumptions. Such forward-looking statements reflect management's current beliefs and ...