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P2 Gold Announces Financing
P2 Gold Announces Financing Canada NewsWire /NOT FOR DISTRIBUTION TO UNITED S...
About this update from P2 Gold Inc.
[{"type":"text","content":"\n\n\n\n P2 Gold Announces Financing\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 /NOT FOR DISTRIBUTION TO\n \n UNITED STATES\n \n NEWS WIRE SERVICES OR FOR DISSEMINATION IN\n \n THE UNITED STATES\n \n /\n \n\n\n\n VANCOUVER, BC\n \n\n ,\n \n\n Sept. 3, 2025\n \n\n /CNW/ -\n \n P2 Gold Inc.\n \n (\"P2\" or the \"Company\") (TSXV: PGLD) reports that it intends to complete a non-brokered private placement of up to 30 million units (the \"Units\") at a price of\n \n $0.20\n \n per unit for gross proceeds of up to\n \n $6,000,000\n \n (the \"Offering\"). The Units to be issued under the Offering will be offered to purchasers pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 –\n \n Prospectus Exemptions\n \n (\"Listed Issuer Financing Exemption\").\n \n\n\n\n\n\n\n\n\n Each Unit will consist of one common share in the capital of the Company (an \"Offering Share\") and one common share purchase warrant (a \"Warrant\"). Each Warrant will entitle the holder to purchase one additional common share in the capital of the Company at an exercise price of\n \n $0.30\n \n per common share for a period of two years after the date of issue (the \"Expiry Time\"), provided that the Warrants shall not be exercisable for a period of 60 days after the date of issue. In addition, if after four months from the date of issue, the closing price of the common shares of the Company on the TSX Venture Exchange (the \"Exchange\") is equal to or greater than\n \n $0.50\n \n for a period of 10 consecutive trading days at any time prior to the Expiry Time, the Company will have the right to accelerate the Expiry Time of the Warrants by giving notice to the holders of the Warrants by news release or other form of notice permitted by the certificate representing the Warrants that the Warrants will expire at\n \n 4:30 p.m.\n \n (\n \n Vancouver\n \n time) on a date that is not less than 15 days from the date notice is given.\n \n\n The Offering will close on completion of documentation an...