Business
Lodge Resources Announces Flow-Through Share Private Placement
Vancouver, British Columbia--(Newsfile Corp. - December 20, 2019) - Lodge Resources Inc. (CSE: LDG) ("Lodge" or the "Company") is pleased to announce that the C
About this update from Freeman Gold Corp.
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - December 20, 2019) - Lodge Resources Inc. (CSE: LDG) (\"Lodge\" or the \"Company\") is pleased to announce that the Company intends to proceed with a private placement of flow-through common shares of the Company (the \"FT Shares\") at $0.40 per FT Share for gross proceeds of up to $100,000 (the \"Offering\"). The Company may pay finder's fees to eligible finders in connection with the Offering. Closing of the Offering is subject to a number of conditions, including receipt of all necessary corporate and regulatory approvals, including the Canadian Securities Exchange. All securities issued in connection with the Offering will be subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation. The proceeds from the Offering will be used to fund the exploration on the Company's Comstock Property, located in the Nicola Mining District, British Columbia. About the Company: The Company is a mineral exploration company currently focused on the acquisition, exploration and development of the Comstock Property, located in the Nicola Mining District, British Columbia. For further information, please visit the Company's website at www.lodgeresourcesinc.com or contact Howard Milne, CEO of Lodge, at (604) 377-8994, email [email protected]. The Canadian Securities Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful. The securities issued, or to be issued, under the Offering have not been, and will not be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. Forward-looking Statements: Certain statements in this press release are \"forward-looking statements\" which reflect the Company's current expectations and projections about future events and financial trends that it believes might affect its financial condition, results of operations, business strategy and financial needs. In some cases...