Business
JZR Gold Announces Private Placement Offering of Units to Raise up to $600,000
(TheNewswire) Vancouver, British Columbia, Canada - TheNewswire - October 2, 2023 -...
About this update from Jzr Gold Inc.
[{"type":"text","content":"JZR Gold Announces Private Placement Offering of Units to Raise up to $600,000\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 Vancouver, British Columbia, Canada -\n \n \n TheNewswire -\n \n \n October 2, 2023 -\n \n \n JZR\nGold Inc.\n \n \n (TSXV:JZR)\n(OTC:JZRIF)\n \n \n (the “\n \n \n Company\n \n \n ” or\n“\n \n \n JZR\n \n \n ”) is pleased to announce that\n \n \n it\nintends\n \n \n to undertake a non-brokered private\nplacement offering (the “\n \n \n Offering\n \n \n ”) of up to 3,000,000 units (each, a\n“\n \n \n Unit\n \n \n ”) at a price of $0.20 per Unit, to raise aggregate gross\nproceeds of up to $600,000.  Each Unit will be comprised of one\ncommon share (each, a “\n \n \n Share\n \n \n ”) and one share purchase warrant\n(each, a “\n \n \n Warrant\n \n \n ”).  Each Warrant will entitle the\nholder to acquire one additional common share (each, a “\n \n \n Warrant Share\n \n \n ”) of\nthe Company at an exercise price of $0.40 per Warrant Share for a\nperiod of two (2) years after the closing of the Offering.\n \n \n \n \n The Company intends to pay registered persons a\nfinder’s fee comprised of 6% of the gross proceeds of the Offering,\nin cash, and such number of non-transferable finder’s warrants which\nequals 6% of the number of Units (the “\n \n \n Finder’s Warrants\n \n \n ”).  Each Finder’s Warrant shall entitle the holder to\nacquire one common share (the “\n \n \n Finder’s Warrant Shares\n \n \n ”) at a price of\n$0.40 per Finder’s Warrant Share for a period of two (2) years from\nthe date of issuance. Other than being non-transferable, each\nFinder’s Warrant shall otherwise be on the same terms as the\nWarrants.\n \n \n The Units, Shares, Warrants, Warrant\nShares, Finder’s Warrants and Finder’s Warrant Shares are\ncollectively referred to herein as the “\n \n \n Securities\n \n \n ”.\n \n \n \n \n The Units will be offered pursuant to available\nprospectus exemptions set out under applicable securities laws and\ninstruments, including National Instrument 45-106 –\n \n \n Prospectus Exemptions.\n \n \n The Offering ...