Catalina Gold Corp. Announces Closing of Non-Brokered Private Placement
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Vancouver, British Columbia (FSCwire) - Catalina Gold Corp. (the “Corporation”) (NEX:CA.H) announces that its previously announced non-brokered private placement offering (the "Offering") of units (each "Unit") at a price of $0.08 per Unit for total gross proceeds of up to $400,000 is intended to be completed by April 9, 2018.
Each Unit will be comprised of one common share in the capital of the Corporation (each, “Share”) and one transferable common share purchase warrant (each, “Warrant”). Each Warrant will entitle the holder thereof to acquire one Share (each, “Warrant Share”) at a price of $0.105 per Warrant Share for a period of 12 months.
A finder's fee in shares, cash, warrants or a combination of all may be payable in connection with the Offering which will not exceed the maximum allowable under the policies of the NEX board of the TSX-V ("NEX").
Proceeds of the Offering are intended to be used for general working capital purposes. The Offering is subject to completion and execution of appropriate documentation, receipt of all required approvals, and acceptance for filing by NEX.
FOR FURTHER INFORMATION PLEASE CONTACT:
Marc Branson
Catalina Gold Corp.
Tel: (778) 819 0383
Email: investors@catalinagold.ca
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release
To view the original release, please click here
Source: Catalina Gold Corp. (TSX Venture:CA.H)
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