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Great Pacific Gold Announces $10 Million Private Placement Financing led by Canaccord Genuity Corp.
Great Pacific Gold Announces $10 Million Private Placement Financing led by Canaccord Genuity Cor...
About this update from Great Pacific Gold Corp.
[{"type":"text","content":"\n\n\n\n Great Pacific Gold Announces $10 Million Private Placement Financing led by Canaccord Genuity Corp.\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 /\n \n NOT FOR DISTRIBUTION TO\n \n UNITED STATES\n \n NEWSWIRE SERVICES OR FOR DISSEMINATION IN\n \n THE UNITED STATES\n \n /\n \n\n\n\n\n VANCOUVER, BC\n \n\n ,\n \n\n June 23, 2025\n \n\n /CNW/ - Great Pacific Gold Corp. (\"\n \n Great Pacific Gold\n \n ,\" \"\n \n GPAC\n \n ,\" or the \"\n \n Company\n \n \") (TSXV: GPAC) (OTCQX: FSXLF) (Germany: V3H) is pleased to announce that it has entered into an agreement with Canaccord Genuity Corp., as lead agent (the \"\n \n Lead Agent\n \n \") on behalf of a syndicate of agents (collectively, the \"\n \n Agents\n \n \"), in connection with a best efforts private placement of up to 22,230,000 units of the Company (the \"\n \n Units\n \n \") at a price of\n \n $0.45\n \n (the \"\n \n Offering Price\n \n \") per Unit for aggregate gross proceeds of\n \n $10,003,500\n \n (the \"\n \n Offering\n \n \").  The Company has also granted to the Agents an option, exercisable in whole or in part up to 48 hours prior to closing of the Offering, to sell up to an additional 4,445,000 Units at the Offering Price for additional gross proceeds of up to\n \n $2,000,250\n \n .\n \n\n Each Unit will consist of one (1) common share of the Company (a \"\n \n Common Share\n \n \") and one-half (1/2) of one Common Share purchase warrant (each whole Common Share purchase warrant a \"\n \n Warrant\n \n \"), with each whole Warrant exercisable to purchase one (1) additional Common Share (a \"\n \n Warrant Share\n \n \") at a price of\n \n $0.70\n \n per Warrant Share for a period of three years following closing of the Offering.\n \n\n The Units will be offered pursuant to Part 5A of National Instrument 45-106 –\n \n Prospectus Exemptions\n \n , as amended by Coordinated Blanket Order 45-935, Exemptions from Certain Conditions of the Listed Issuer Financing Exemption, to purchasers resident in\n \n Canada\n \n (other tha...