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FREEGOLD VENTURES LIMITED ANNOUNCES $5 MILLION BEST EFFORTS PRIVATE PLACEMENT FINANCING
FREEGOLD VENTURES LIMITED ANNOUNCES $5 MILLION BEST EFFORTS PRIVATE PLACEMENT FINANCING ...
About this update from Freegold Ventures Limited
[{"type":"text","content":"\n \n \n \n FREEGOLD VENTURES LIMITED ANNOUNCES $5 MILLION BEST EFFORTS PRIVATE PLACEMENT FINANCING\n \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.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n /NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO\n \n THE UNITED STATES OF AMERICA\n \n OR TO ANY PERSON LOCATED OR RESIDENT IN\n \n THE UNITED STATES OF AMERICA\n \n , ITS TERRITORIES AND POSSESSIONS, ANY\n \n STATE OF THE UNITED STATES\n \n OR THE\n \n DISTRICT OF COLUMBIA\n \n /\n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n March 6, 2024\n \n \n /CNW/ - Freegold Ventures Limited (TSX: FVL) (OTCQX: FGOVF) (the \"\n \n Company\n \n \" or \"\n \n Freegold Ventures\n \n \"), is pleased to announce that it has entered into an agreement with Paradigm Capital Inc. (the \"\n \n Agent\n \n \"), in connection with a proposed best efforts private placement financing (the \"\n \n Offering\n \n \") for total proceeds of a minimum of\n \n $5.0 million\n \n and up to a maximum of\n \n $7.5 million\n \n , consisting of a minimum of 12,500,000 units and up to a maximum of 18,750,000 units of the Company (the \"\n \n Units\n \n \") at a price of\n \n $0.40\n \n per Unit. Each Unit will be comprised of one common share (a \"\n \n Common Share\n \n \") and one half of one Common Share purchase warrant of Freegold Ventures. Each whole Common Share purchase warrant will be exercisable for 2 years from the Closing Date at an exercise price of\n \n $0.52\n \n per Common Share.\n \n \n The net proceeds from the Offering will be used for general corporate and working capital purposes.\n \n \n The Units will be offered for sale in each of the provinces of\n \n Canada\n \n , other than\n \n Quebec\n \n , pursuant to the listed issuer financing exemption (the \"\n \n Listed Issuer Financing Exemption\n \n \") under Part 5A of National Instrument 45-106 –\n \n Prospectus Exemption\n \n . The Company has filed a Form 45-106F19 with the securities commissions or similar regulatory authorities in each of the provinces of\n \n Canada\n \n , other than\n \n Quebec\n \n...