Business
Green River Gold Announces Non-Brokered Private Placement Offering of Units
Edmonton, Alberta--(Newsfile Corp. - February 1, 2024) - Green River Gold Corp. (CSE: CCR) (OTC Pink: CCRRF) (the "Company" or "Green River") is pleased to anno
About this update from Green River Gold Corp
[{"type":"text","content":" Edmonton, Alberta--(Newsfile Corp. - February 1, 2024) - Green River Gold Corp. (CSE: CCR) (OTC Pink: CCRRF) (the \"Company\" or \"Green River\") is pleased to announce that it plans to undertake a non-brokered private placement of up to 10,000,000 units (\"Units\") to raise gross proceeds of up to $500,000.00 (the \"Offering\"). The Units will be offered at a price of $0.05 per Unit, with each Unit consisting of one common share (\"Share\") and one common share purchase warrant (\"Warrant\"). Each Warrant will be exercisable to acquire one Share (a \"Warrant Share\") for a period of 5 years following the closing of the Offering at an exercise price of $0.06 per Warrant Share, subject to acceleration provisions (as set out below). The Offering is expected to close on or about February 29, 2024. If the closing price of the Company's Shares on the Canadian Securities Exchange (the \"CSE\") (or such other principal exchange on which the Shares may be traded at such time) is equal to or greater than $0.15 for a period of ten (10) consecutive trading days, the Company may, at its sole option, accelerate the expiry date of Warrants to the date which is thirty (30) days following the date upon which notice of the accelerated expiry date is provided by the Company (given by way of news release). The Company intends to use the proceeds of the Offering for the exploration of the Company's mining properties, working capital and general corporate purposes. The Offering is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the approval of the CSE. No commissions will be paid with respect to Offering. However, the Company may pay a finder's fee to certain finders of up to 8% of the aggregate gross proceeds of subscriptions facilitated by such finders (the \"Finder's Fees\"). The Finder's Fees may be paid in cash and/or Units at the option of the finder. About Green River Gold Corp. Green River Gold Corp. is a Canadian mineral exploration company focused on its wholly owned Fontaine Gold Project, Quesnel Nickel/Magnesium/Talc Project, and Kymar Silver Project which are located in renowned mining districts in British Columbia. The Fontaine Gold and Quesnel Nickel properties cover an area exceeding 200 square kilometers and straddle a 32-kilometre length of the Barkerville and Quesnel ...