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Sitka Gold Increases Private Placement to $4.25 Million

Benzinga Real-time News · May 31, 2022 03:52

VANCOUVER, CANADA–TheNewswire -May 26, 2022 - Sitka Gold Corp. ("Sitka" or the "Company") (CSE:SIG)(CSE:SIG)(FSE:1RF) (OTC:SITKF)is pleased to announce it is increasing it's previously announced private placement from up to $3.0 million to up to $4.25 million 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...

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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