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JZR Gold Announces Closing Of Non-Brokered Private Placement Offering Of Units For $1,800,000
(TheNewswire) July 22, 2025 – TheNewswire - Vancouver, British Columbia, Can...
About this update from Jzr Gold Inc.
[{"type":"text","content":"JZR Gold Announces Closing Of Non-Brokered Private Placement Offering Of Units For $1,800,000\n\n\n (TheNewswire)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n July 22, 2025 –\n \n\n TheNewswire -\n \n\n Vancouver, British Columbia,\nCanada\n \n\n – JZR Gold Inc. (TSXV:  JZR) (the\n“\n \n\n Company\n \n\n ” or “\n \n\n JZR\n \n\n ”) is pleased to announce that it has\ncompleted its previously announced non-brokered private placement (the\n“\n \n\n Offering\n \n\n ”) of units (each, a “\n \n\n Unit\n \n\n ”) at a price\nof $0.30 per Unit. Pursuant to the Offering, which was announced on\nJuly 11, 2025, the Company has issued 6,000,000 Units for aggregate\ngross proceeds of CAD$1,800,000. The Company also wishes to announce\nthat, due to investor interest, the Offering was increased from\n$1,500,000 to $1,800,000.\n \n\n\n\n Each Unit consists of one common share in the capital\nof the Company (each, a “S\n \n\n hare\n \n\n ”) and one common share purchase warrant\n(each, a “\n \n\n Warrant\n \n\n ”). Each Warrant is exercisable into\none additional Share (each, a “\n \n\n Warrant Share\n \n\n ”) at a price of $0.40 per\nWarrant Share for a period of two (2) years from the date of issuance,\nsubject to acceleration. The Warrants are subject to an acceleration\nprovision whereby, in the event that the volume weighted average\ntrading price of the Company’s common shares traded on TSX Venture\nExchange (the “\n \n\n Exchange\n \n\n ”), or any other stock exchange on\nwhich the Company’s common shares are then listed, is equal to or\ngreater than $0.75 for a period of 10 consecutive trading days, the\nCompany shall have the right to accelerate the expiry date of the\nWarrants by giving written notice to the holders of the Warrants that\nthe Warrants will expire on the date that is not less than 30 days\nfrom the date that notice is provided by the Company to the Warrant\nholders. The Company did not pay any finder’s fees in closing this\nOffering.\n \n\n\n\n The Units, Shares, Warrants, and Warrant Shares are\ncollectively referred to as the “\n \n\n Securities\n \n\n ”. The\nSecurities are subject to a hold period of four months and one day\nfrom the ...