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Sitka Gold Announces up to $3.0 Million Private Placement with a Lead Order from Sprott Asset Management LP

Benzinga Real-time News · May 29, 2022 10:32

VANCOUVER, CANADA–TheNewswire -May 24, 2022:Sitka Gold Corp. ("Sitka" or the "Company") (CSE:SIG) (FSE:1RF) (OTC:SITKF)is pleased to announce a private placement for up to $3.0M with a lead order of $2 million from funds managed by Sprott Asset Management LP. The financing will consist of a combination of flow-through units priced at $0.17 with a half warrant priced at $0.23 and non flow-through units priced at $0.14 with a half warrant priced at $0.23. Each full warrant will entitle the holder to purchase an additional common share at a price of $0.23 for a period of 24 months from the date of closing of...

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more

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