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Sylla Gold Announces Non-Brokered Private Placement of Units for up to $2,300,000
Bedford, Nova Scotia--(Newsfile Corp. - January 28, 2026) - Sylla Gold Corp. (TSXV: SYG) (OTC Pink: SYGCF) ("Sylla" or the "Company") is pleased to announce its intention to complete a non-brokered private placement of up to $2,300,000 through the issuance of up to 46,000,000 units in the capital of the Company (the "Units") at a price of $0.05 per Unit (the "Offering"). Gross proceeds of the Offering are expected to be used to advance exploration and permitting objectives for the Company's...
About this update from Sylla Gold Corp
[{"type":"text","content":"Bedford, Nova Scotia--(Newsfile Corp. - January 28, 2026) - Sylla Gold Corp. (TSXV: SYG) (OTC Pink: SYGCF) ("Sylla" or the "Company") is pleased to announce its intention to complete a non-brokered private placement of up to $2,300,000 through the issuance of up to 46,000,000 units in the capital of the Company (the "Units") at a price of $0.05 per Unit (the "Offering"). Gross proceeds of the Offering are expected to be used to advance exploration and permitting objectives for the Company's Niaouleni Gold Project and for working capital and general corporate purposes, including, as applicable, the payment of accounts payable and the repayment of loans.","length":714,"tagName":"p"},{"type":"text","content":"Each Unit consists of one common share in the capital of the Company (each, a "Common Share") and one Common Share purchase warrant (each, a "Warrant"). Each Warrant entitles the holder thereof to acquire one Common Share at a price of $0.05 per Common Share for a period of two (2) years from the date of issuance.","length":335,"tagName":"p"},{"type":"text","content":"The net proceeds of the Offering are intended to position the Company to proceed with the renewal of its flagship Deguefarakole licence including approval of associated work programs as well as facilitating the exercise of option agreements on the remaining three licences within the Company's highly prospective Niaouleni land package. Such consolidation of these licences represents a significant step toward unlocking the district-scale potential of Niaouleni, which is strategically located within the Koulikoro Region of southwest Mali, a well-endowed gold belt, proximal to several advanced-stage deposits and development projects.","length":641,"tagName":"p"},{"type":"text","content":"In connection with the Offering, the Company may pay certain eligible finders a cash commission equal to 7% of the gross proceeds of the Offering and may issue such number of finder's warrants (each, a "Finder Warrant") as is equal to 7% of the Units sold pursuant to the Offering. Each Finder Warrant will entitle the holder thereof to acquire one Common Share at a price of $0.05 per Common Share until the date that is two (2) years from the date of issuance.","length":476,"tagName":"p"},{"type...