Business
Provenance Gold Upsizes Private Placement Financing to $2 Million
Vancouver, British Columbia--(Newsfile Corp. - June 27, 2025) - Provenance Gold Corp. (CSE: PAU) (OTCQB: PVGDF) (the "Company" or "Provenance") is pleased to announce that due to strong investor interest the Company is upsizing its previously announced non-brokered private placement. The private placement will now consist of up to 10,000,000 units (each, a "Unit") at a price of $0.20 per unit for gross proceeds of up to $2,000,000. Each Unit will consist of ...
About this update from Provenance Gold Corp.
[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - June 27, 2025) - Provenance Gold Corp. (CSE: PAU) (OTCQB: PVGDF) (the "Company" or "Provenance") is pleased to announce that due to strong investor interest the Company is upsizing its previously announced non-brokered private placement.","length":304,"tagName":"p"},{"type":"text","content":"The private placement will now consist of up to 10,000,000 units (each, a "Unit") at a price of $0.20 per unit for gross proceeds of up to $2,000,000. Each Unit will consist of one common share of the Issuer (each, a "Share") and one-half-of-one transferable common share purchase warrant (each whole warrant, a "Warrant") with each Warrant entitling the holder thereof to purchase one additional common share (each, a "Warrant Share") at a price of $0.25 for a period of three (3) years. Subject to regulatory approval, the Company anticipates the closing of the placement within the next two weeks.","length":640,"tagName":"p"},{"type":"text","content":"The Company intends to use the net proceeds of the Offering for advancing its Eldorado project in eastern Oregon, with a systematic RC drilling program currently underway in addition to working capital and general corporate purposes.","length":233,"tagName":"p"},{"type":"text","content":"All securities issued in connection with the placement will be subject to restrictions on resale for a period of four-months-and-one-day in accordance with applicable securities laws. The Company may pay finders' fees to eligible third-parties who have introduced subscribers to the placement.","length":297,"tagName":"p"},{"type":"text","content":"For further information concerning the private placement, readers are encouraged to review the news release issued by the Company on June 23, 2025.","length":147,"tagName":"p"},{"type":"text","content":"About Provenance Gold Corp.","length":27,"tagName":"p"},{"type":"text","content":"Provenance Gold Corp. is a precious metals exploration company with a focus on gold and silver mineralization within North America. The Company currently holds interests in Nevada, and eastern Oregon, USA. For further information please visit the Company's website at https://provenancegold.com or contact Rob Clark at [email protected].","length":349,"tagName":"p"},{"type":...