Brief: Freegold Announces $5 Million Brokered Private Placement Financing
07/05/2020 12:07
May 7 (Reuters) - Freegold Ventures Ltd FVL.TO :
* FREEGOLD ANNOUNCES $5 MILLION BROKERED PRIVATE PLACEMENT
FINANCING
* FREEGOLD VENTURES - EACH UNIT & EACH SUBSCRIPTION RECEIPT
WILL
BE ISSUED AT C$0.17 PER UNIT FOR COMBINED GROSS PROCEEDS OF UP
TO C$5 MILLION
* FREEGOLD VENTURES - EACH WHOLE WARRANT TO ENTITLE HOLDER
THEREOF
TO PURCHASE 1 COMMON SHARE AT $0.28, FOR PERIOD OF 2 YRS
FOLLOWING CLOSING DATE
* FREEGOLD VENTURES LTD - ERIC SPROTT HAS AGREED TO INVEST
$2
MILLION IN PRIVATE PLACEMENT
Source text for Eikon: ID:nCNW220Dba
Further company coverage: FVL.TO
((Reuters.Briefs@thomsonreuters.com;))
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