Golden Predator Announces $1.7 Million Private Placement
September 03 2020 - 3:30PM
Golden Predator Mining Corp. (TSX.V:GPY,
OTCQX:NTGSF) (the “
Company”) has arranged
a non-brokered private placement of up to 4.25 million flow-through
shares at a price of $0.40 per share.
The proceeds of the private placement will be
applied to the Company’s Brewery Creek project and general working
capital. Closing of the private placement is subject to TSX
Venture Exchange approval. The Company has engaged Clarus
Securities Inc. and PowerOne Capital Markets Limited as financial
advisors in connection with the offering and will pay fees on a
portion of the offering.
Golden Predator Mining
Corp.Golden Predator is advancing the past-producing
Brewery Creek Mine towards a timely resumption of mining
activities, under its Quartz Mining and Water Licenses, in Canada’s
Yukon. With established resources grading over 1.0 g/t Gold and a
Bankable Feasibility Study underway to evaluate a restart of heap
leach operations at the Brewery Creek Mine, 2020 proves to be a
pivotal year for the Company.
For additional
information:
Janet Lee-Sheriff Chief Executive Officer (604) 260-8435
info@goldenpredator.comwww.goldenpredator.com
The securities referenced in this news release have not and will
not be registered under the U.S. Securities Act of 1933 and may not
be offered or sold in the United States absent registration or an
applicable exemption from registration requirements. Neither TSX
Venture Exchange nor its Regulation Services Provider (as that term
is defined in policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
No stock exchange, securities commission or
other regulatory authority has approved or disapproved the
information contained herein. This press release contains
forward-looking information that involve various risks and
uncertainties regarding future events. Such forward-looking
information can include without limitation statements express or
implied regarding completion of the private placement. Actual
results and future events could differ materially from those
anticipated in such information. These and all subsequent written
and oral forward-looking information are based on estimates and
opinions of management on the dates they are made and are expressly
qualified in their entirety by this notice. Except as required by
law, the Company assumes no obligation to update forward-looking
information should circumstances or management's estimates or
opinions change.
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