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Resouro Gold Announces Non-Brokered Private Placement Offering
Vancouver, British Columbia--(Newsfile Corp. - February 22, 2023) - Resouro Gold Inc. (TSXV: RA...
About this update from Resouro Strategic Metals Inc
[{"type":"text","content":"Resouro Gold Announces Non-Brokered Private Placement OfferingVancouver, British Columbia--(Newsfile Corp. - February 22, 2023) - Resouro Gold Inc. (TSXV: RAU) (\"Resouro\" or the \"Company\") today announces a non-brokered private placement (\"Private Placement\") of up to 2,000,000 Common Shares of the Company (\"Shares\") at a price of C$0.15 per Share for gross proceeds of up to C$300,000.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.The Private Placement is expected to close on or around March 10, 2023. 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.The Company also announces appointment of Namrata Malhotra as its Corporate Secretary, following the resignation of Leah Hodges. Ms. Malhotra has an extensive background in corporate governance management and regulatory compliance, including as Assistant Vice-President, Corporate Secretarial and Compliance at a fintech start-up in India. Currently, as part of the Toronto-based firm Grove Corporate Services, Namrata acts as a Corporate Secretary for several public companies.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 100%-owned Novo Mundo Gold Project in Mato Grosso, Brazil. Resouro is currently in the process of acquiring a stake in the titanium-REE project in Brazil. Learn more about the Company on its website: https://resouro.com.On behalf of the Board of Directors,RESOURO GOLD INC. For further informat...