Business
Angold Announces Closing of $2.74 Million Marketed Public Offering of Units
Vancouver, British Columbia--(Newsfile Corp. - April 5, 2022) - Angold Resources Ltd. (TSXV...
About this update from Manhattan Uranium Discovery Corporation
[{"type":"text","content":"Angold Announces Closing of $2.74 Million Marketed Public Offering of UnitsVancouver, British Columbia--(Newsfile Corp. - April 5, 2022) - Angold Resources Ltd. (TSXV: AAU) (FSE: 13L) (OTCQB: AAUGF) (\"Angold\" or the \"Company\") is pleased to announce the closing of its previously announced marketed public offering (the \"Offering\") of 19,566,400 units of the Company (the \"Units\"), at a price of $0.14 per Unit for aggregate gross proceeds of $2,739,296. The Offering was conducted on a \"best efforts\" agency basis and was led by Research Capital Corporation and Canaccord Genuity Corp. as the co-lead agents and joint bookrunners. Each Unit is comprised of one common share of the Company (a \"Common Share\") and one Common Share purchase warrant of the Company (a \"Warrant\"). Each Warrant entitles the holder thereof to purchase one Common Share at an exercise price of $0.20 until April 5, 2025.The net proceeds from the Offering of the Units will be used for phase 1 drilling at the Iron Butte property and for working capital and general corporate purposes.This press release is not an offer to sell or the solicitation of an offer to buy the securities in the United States or in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to qualification or registration under the securities laws of such jurisdiction. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and such securities may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from U.S. registration requirements and applicable U.S. state securities laws. About AngoldAngold is an exploration and development company targeting large-scale mineral systems in the proven districts of the Maricunga, Nevada, and Ontario. Angold owns a 100% interest in the Dorado, Cordillera and South Bay-Uchi projects, and certain claims that append the optioned Iron Butte project.ON BEHALF OF THE BOARD OF ANGOLD RESOURCES LTD.\"Adrian Rothwell\"Chief Executive OfficerFurther information on Angold can be found on the Company's website at www.angoldresources.com and at www.sedar.com, or by contacting the Company by email at [email protected] or by telephone at (855) 917 4091. Th...