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Waraba Gold Limited Announces Closing of Final Tranche, Additional Director and Issuance of Consideration Shares
Vancouver, British Columbia--(Newsfile Corp. - June 20, 2025) - Waraba Gold Limited (CSE: WBGD) (FSE: ZE0) (OTC Pink: WARAF) (the "Company" or "Waraba") is pleased to announce that it has closed the final tranche ("Final Tranche") of the offering announced on March 25, 2025 (the "March 25 NR") and has issued US$300,000 of non-convertible unsecured debentures of the Company (the "Debentures") which will mature June 18, 2026. The funds raised by the Company will be ...
About this update from Waraba Gold Limited
[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - June 20, 2025) - Waraba Gold Limited (CSE: WBGD) (FSE: ZE0) (OTC Pink: WARAF) (the "Company" or "Waraba") is pleased to announce that it has closed the final tranche ("Final Tranche") of the offering announced on March 25, 2025 (the "March 25 NR") and has issued US$300,000 of non-convertible unsecured debentures of the Company (the "Debentures") which will mature June 18, 2026. The funds raised by the Company will be utilized to fund the initial commitments under the Earn-Term Sheet In (as defined in the March 25 NR) and general working capital.","length":653,"tagName":"p"},{"type":"text","content":"In addition, as described in the March 25 NR, the Company is pleased to announce that Mamadou Coulibaly has been appointed to the board of directors of the Company. Mamadou Coulibaly is a geologist with over 12 years experiences in mineral exploration. Mr. Coulibaly started work with Randgold and has worked with several professionals from various academic institutions including Kingston University and the University of Western Australia. Mr. Coulibaly has extensive knowledge and experience of the geology of the West African Birrimian.","length":540,"tagName":"p"},{"type":"text","content":"Finally, as described in the March 25 NR, the Company has issued the Vendors (as defined in the March 25 NR) 6,000,0000 common shares of the Company (which will be subject to a statutory 4-month and one day hold).","length":213,"tagName":"p"},{"type":"text","content":"The securities being offered have not been, nor will they be, 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 the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful.","length":537,"tagName":"p"},{"type":"text","content":"About Waraba Gold Limited ","length":25,"tagName":"p"},{"type":"text","content":"The Company is a resource exploration company that is acquiring and exploring mineral properties. The Company is a reporti...