Business
Exploits Discovery Corp. Closes Tranche 1 of Private Placement
Edmonton, Alberta--(Newsfile Corp. - September 25, 2020) - Exploits Discovery Corp. (CSE: NFLD) (the "Company" or "Exploits") is pleased to announce that it has
About this update from Epic Gold Corp.
[{"type":"text","content":" Edmonton, Alberta--(Newsfile Corp. - September 25, 2020) - Exploits Discovery Corp. (CSE: NFLD) (the \"Company\" or \"Exploits\") is pleased to announce that it has closed its first tranche of the previously announced private placement financing (the \"Financing\") of 5,828,572 units (the \"Units\") at a price of $0.35 cents per unit (see the Company's press release dated September 18, 2020), to raise gross proceeds of $2,040,000. The common shares issued in connection with the Financing are subject to a four-month hold period expiring January 26, 2021. Completion of the Financing is subject to approval of the Canadian Securities Exchange. About Exploits Discovery Corp. Exploits Discovery Corp. is a Canadian mineral exploration company focused on the acquisition and development of mineral projects in Newfoundland, Canada. The Company holds the Middle Ridge, True Grit, Great Bend, Mt. Peyton, Jonathan's Pond, and Gazeebow projects, which cumulatively cover an area of 1,760 km2. All projects within Exploits' portfolio lie within the Exploits Subzone and Gander River Ultramafic Belt (GRUB) of the Dunnage Zone, which contain the majority of Newfoundland's gold mineral occurrences and exploration efforts, including New Found Gold's 2019 discovery of 92.86 g/t Au over 19.0 meters near surface. The Exploits Subzone and GRUB regions have been the focus of major staking and financing throughout 2020, with increased exploration activities forecasted in the area moving into 2021. ON BEHALF OF THE BOARD/s/ \"Michael Collins \"President and CEO For further information, please contact:Michael Collins, CEOTel: (604) 681-3170 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 are based on assumptions made by and information currently available to the Company. Readers are cautioned that these forward-looking statements are neither promises nor guarantees, and are subject to risks an...