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Liberty Gold Announces $20 Million Bought Deal Public Offering
Liberty Gold Announces $20 Million Bought Deal Public Offering Canada NewsWire ...
About this update from Liberty Gold Corp
[{"type":"text","content":"\n\n\n\n Liberty Gold Announces $20 Million Bought Deal Public Offering\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 U\n \n\n\n\n NITED STATES\n \n\n\n\n NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./\n \n\n\n\n\n\n VANCOUVER, BC\n \n\n ,\n \n\n April 14, 2025\n \n\n /CNW/ - Liberty Gold Corp. (TSX: LGD) (OTCQX: LGDTF) (\"Liberty Gold\" or the \"Company\") is pleased to announce that it has entered into an agreement with Canaccord Genuity Corp. as sole bookrunner on behalf of a syndicate of underwriters (collectively, the \"\n \n Underwriters\n \n \"), pursuant to which the Underwriters have agreed to purchase, on a \"bought deal\" basis, 60,608,000 units of the Company (the \"\n \n Units\n \n \"), at a price of\n \n $0.33\n \n per Unit (the \"\n \n Offering Price\n \n \") for gross proceeds of\n \n $20,000,640\n \n (the \"\n \n Underwritten\n \n\n Offering\n \n \").\n \n\n Each Unit will consist of one common share of the Company (a \"\n \n Common Share\n \n \") and one-half of one common share purchase warrant (each whole common share purchase warrant, a \"\n \n Warrant\n \n \"). Each Warrant will entitle the holder thereof to acquire one common share of the Company at a price of\n \n $0.45\n \n for a period of 24 months following the Closing Date (as defined herein).\n \n\n The Company will grant the Underwriters an option to purchase up to an additional 9,091,200 Units (the \"\n \n Underwriter Option Units\n \n \" and together with the Units, the \"\n \n Offered Securities\n \n \") to cover over-allotments, if any, and for market stabilization purposes at a price of\n \n $0.33\n \n per Underwriter Option Unit for additional gross proceeds of up to\n \n $3,000,096\n \n (the \"\n \n Underwriter Option\n \n \" and together with the Underwritten Offering, the \"\n \n Offering\n \n \"), exercisable in whole or in part, at any time on or prior to the date that is 30 days following the Closing Date (as defined herein).\n \n\n The net proceeds ...