Business
Golden Independence Mining Announces Repricing of Private Placement Financing
Vancouver, British Columbia--(Newsfile Corp. - March 31, 2021) - Golden Independence Mining Corp. (CSE: IGLD), (OTCQB: GIDMF), (FSE: 6NN) (the "Company" or "IGL
About this update from Nexus Uranium Corp
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - March 31, 2021) - Golden Independence Mining Corp. (CSE: IGLD), (OTCQB: GIDMF), (FSE: 6NN) (the \"Company\" or \"IGLD\") announces that it is repricing its previously announced proposed non-brokered private placement financing (the \"Private Placement\"). The Private Placement will now be for up to 8,000,000 units (\"Units\") at a price of $0.25 per Unit for gross proceeds of up to $2,000,000. The Company retains the option to increase the Private Placement to up 10,000,000 Units for gross proceeds of up to $2,500,000. The Company has received subscription forms for substantially the entire revised amount and will look to close imminently following the receipt of acknowledgement forms from subscribers for the revising pricing. Each Unit will consist of one common share (a \"Common Share\") and one-half of a common share purchase warrant (each whole warrant a \"Warrant\"). Each Warrant will entitle to the holder to acquire one additional Common Share at an exercise price of $0.42 for 24 months following the date of issuance. All other terms of the Private Placement remain unchanged. All securities issued pursuant to the Private Placement will be subject to a four-month hold period from the date of issuance. Completion of the Private Placement is subject to the approval of the Canadian Securities Exchange. About Golden Independence Mining Corp. Golden Independence Mining Corp. is an exploration company currently focused on exploring the advanced-stage Independence Gold Property located in the Battle Mountain-Cortez Trend, Nevada and the Champ precious metal property near Castlegar, British Columbia. The Independence Gold Property benefits from over US$25 million in past exploration, including over 200 holes drilled, and is located adjacent to Nevada Gold Mines' Phoenix-Fortitude mining operations in the Battle Mountain-Cortez trend of Nevada. FOR FURTHER INFORMATION PLEASE CONTACT: Christos Doulis, Chief Executive OfficerTelephone: 1.647.924.1083 Email: [email protected] Forward Looking Information This press release contains forward-looking information (within the meaning of applicable Canadian securities legislation) that involves various risks and uncertainties regarding future events. Such forward-looking information includes statements based on current expectations ...