Total Gross Proceeds of $950,000 to be Used to Expand the Mineable Resource at the Bradshaw Gold Deposit and to Further Test the NTGP Area
Gowest Gold Ltd. is pleased to announce that it has closed the final tranche of its previously announced upsized non-brokered private placement of flow-through units of the Corporation . Pursuant to the final tranche closing of the Offering, the Corporation issued and sold an additional 1,428,570 FT Units at a price of $0.105 per FT Unit for aggregate gross proceeds of $150,000. These funds are in addition to the $800,000 closed on previously by the Corporation, bringing the total gross proceeds of the Offering to $950,000. Each FT Unit comprises one common share and one-half common share purchase warrant , issued on a flow-through basis, ...