Outcrop Gold closes $448,000 private placement
2020-02-06 18:36 ET – News Release
Mr. Joseph Hebert reports
OUTCROP GOLD CLOSES PRIVATE PLACEMENT
Outcrop Gold Corp. has raised a total of $448,000 through a non-brokered private placement, consisting of 4.48 million units at a price of 10 cents per unit.
Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to acquire one common share at a price of 20 cents until Nov. 7, 2024.
The placement is subject to final approval of the TSX Venture Exchange and all securities will be subject to a four-month hold period from the closing date.
About Outcrop Gold Corp.
Outcrop is a gold prospect generator active in Colombia acquiring gold exploration projects with world-class discovery potential. Outcrop performs its own grassroots exploration and then employs a joint venture business model on its projects to maximize investor exposure to discovery and minimize financial risk.
We seek Safe Harbor.