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Highgold Mining Announces Closing Of $18.8 Million Raise From Bought Deal Public Offering And Concurrent Private Placement

Oct 27, 2021•over 3 years ago

Amount Raised

$18.8 Million

Vancouver

Description

HighGold Mining Inc. (TSX-V:HIGH) (“HighGold” or the “Company”) is pleased to announce that, further to its news release of October 18, 2021, it has closed its previously announced upsized bought deal offering (the “Offering”) of 8,625,000 common shares (the “Offered Shares”) at a price of $1.60 per Offered Share for aggregate gross proceeds of $13,800,000, which included the full exercise of the over-allotment option granted to the Underwriters (as defined herein).

Company Information

Company

High Gold

Location

Vancouver, Washington, United States

About

HighGold is a mineral exploration company focused on high-grade gold projects located in North America. HighGold’s flagship asset is the high-grade Johnson Tract Gold (Zn-Cu) Project located in accessible Southcentral Alaska, USA. The Company also controls a portfolio of quality gold projects in the greater Timmins gold camp, Ontario, Canada that includes the Munro-Croesus Gold property, which is renowned for its high grade mineralization, and the large Golden Mile and Golden Perimeter properties. HighGold’s experienced Board and senior management team, are committed to creating shareholder value through the discovery process, careful allocation of capital, and environmentally/socially responsible mineral exploration.

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