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Solstice Announces Closing Of Upsized $2.3M Private Placement Financing

Solstice Announces Closing Of Upsized $2.3M Private Placement Financing

12/31/21, 5:00 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgvancouver
Money raised
$2.3 million
Round Type
seed
Solstice Gold Corp. (TSXV: SGC) (“Solstice”, “we”, “our” or the “Company”) is pleased to report it closed its previously announced private placement financing (the “Offering”) on Friday, December 31, 2021 (the “Closing Date”), for gross proceeds of approximately $2,322,181 through the issuance of 10,096,441 common shares of the Company (the “Flow-Through Shares”) qualifying as flow-through shares for purposes of the Income Tax Act (Canada) (the “ITA”) at a price of $0.23 per Flow-Through Share, representing an upsize from its previously announced $1.5M anticipated gross proceeds of the Offering.

Company Info

Company
Solstice Gold
Location
vancouver, washington, united states
Additional Info
Focussed on the District Scale Kahuna Gold Project in Nunavut