CHEYENNE, Wyo., Dec. 6, 2024 /PRNewswire/ --
U.S. Gold Corp. , is pleased to announce that it has closed the previously announced purchase and sale of an aggregate of 1,457,700 shares of our common stock at $7.00 per share and warrants to purchase 728,850 shares of our common stock at an exercise price of $9.50 per share , in a registered direct offering. The aggregate gross proceeds from the Transaction totaled approximately $10.2 million and closed on December 6, 2024. After the close of the Transaction, the Company's common shares outstanding is 12,323,116. The Company did not retain a placement agent in connection with the Transaction. U.S. Gold intends to use the net proceeds from the Transaction for working capital and other general corporate purposes. About U.S. Gold C...