Business
Resouro Announces Extension of Non-Brokered Private Placement
Toronto, Ontario--(Newsfile Corp. - April 12, 2023) - Resouro Gold Inc. (TSXV: RAU) (" Resouro ...
About this update from Resouro Strategic Metals Inc
[{"type":"text","content":"Resouro Announces Extension of Non-Brokered Private PlacementToronto, Ontario--(Newsfile Corp. - April 12, 2023) - Resouro Gold Inc. (TSXV: RAU) (\"Resouro\" or the \"Company\") announces that the Company has been granted an extension by the TSX Venture Exchange (the \"TSXV\") to complete the previously announced non-brokered private placement (the \"Offering\") of up to C$300,000, by no later than May 10, 2023. The terms of the Offering remain unchanged: the Private Placement is comprised of up to 2,000,000 Common Shares of the Company (\"Shares\") at a price of C$0.15 per Share.The net proceeds from the Private Placement will be used to advance exploration on the Company's gold projects and titanium-REE project and for general working capital purposes.In accordance with applicable Canadian securities laws, all securities issued pursuant to the private placement will be legended with a hold period of four months and one day from the date of issuance. Completion of the Private Placement remains subject to the receipt of all necessary regulatory approvals, including approval of the Toronto Venture Stock Exchange (the \"TSXV\").The securities offered have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from registration requirements. This news release does not constitute an offer for sale of securities in the United States.About Resouro Gold Inc.Resouro is a Canadian-based mineral exploration and development company focused on the discovery and advancement of economic mineral projects in Brazil, including the Novo Mundo Gold Project in Mato Grosso and the Tiros Titanium-REE Project in Minas Gerais. Learn more about the Company on its website: https://resouro.com.On behalf of the Board of Directors,RESOURO GOLD INC. For further information, please contact the Company at: Chris Eager, [email protected] Zheliasko, Investor [email protected] news release contains certain \"forward-looking information\" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as \"plan\", \"expect\", \"project\", \"intend\", \"believe\", \"anticipate\", \"estim...