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Golden Cariboo Announces Termination of Previously Announced Private Placement, Proposed New Private Placement and Warrant Amendment
(TheNewswire) NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION ...
About this update from Golden Cariboo Resources Ltd.
[{"type":"text","content":"Golden Cariboo Announces Termination of Previously Announced Private Placement, Proposed New Private Placement and Warrant Amendment\n\n\n (TheNewswire)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n NOT FOR\nDISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION\nIN THE UNITED STATES\n \n\n\n\n July 29, 2024 –\n \n\n TheNewswire -\n \n\n Vancouver, Canada – Golden Cariboo Resources\nLtd. (the “\n \n\n Company\n \n\n ”) (CSE- GCC / OTC- GCCFF / WKN-\nA0RLEP) announces that it has terminated its non-brokered private\nplacement of units (the “\n \n\n Prior Offering\n \n\n ”) previously announced on May\n23, 2024 and June 25, 2024, and that it now intends to complete a\nnon-brokered private placement (the “\n \n\n Offering\n \n\n ”) of up to\n1,000,000 units of the Company (each, a “\n \n\n Unit\n \n\n ”) at a price\nof $0.15 per Unit for gross proceeds of up to $1,500,000. Each Unit\nwill consist of one common share of the Company (“\n \n\n Share\n \n\n ”) and one\ncommon share purchase warrant (each, a “\n \n\n Warrant\n \n\n ”). Each\nWarrant is\n \n\n exercisable for a period of 3 years\nfrom the closing at exercise prices as follows: $0.20 in year one,\n$0.22 in year two, and $0.25 in year three.\n \n\n\n\n The proceeds of the Offering will be used for property\nexploration and for general working capital.\n \n\n\n\n All securities to be issued pursuant to the Offering\nwill be subject to a statutory four-month and one day hold period.\nFinder's fees may be payable in connection with the Offering, all in\naccordance with the policies of the Canadian Securities Exchange (the\n“\n \n\n CSE\n \n\n ”).\n \n\n\n\n\n\n\n\n None of the securities sold under the Offering have\nbeen and will not be registered under the United States Securities Act\nof 1933, as amended, and no such securities may be offered or sold in\nthe United States absent registration or an applicable exemption from\nthe registration requirements. This news release shall not constitute\nan offer to sell or the solicitation of an offer to buy nor shall\nthere be any sale of the securities in the United States or any\njurisdiction in which such offer, solicitation or sale would be\nunlawful.\n \n\n\n\n Warrant Amendment\n \n\n\n\n The Company al...