trending Market Intelligence /marketintelligence/en/news-insights/trending/tMw7V4Gcrw0qC5IPTv4gGA2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Golden Arrow Resources ups financing to C$2.3M

Greenhouse gas and gold mines Nearly 1 ton of CO2 emitted per ounce of gold produced in 2019

Essential Metals & Mining Insights - September 2020

Essential Metals & Mining Insights - August 2020

State of the Market: Mining Q2-2020


Golden Arrow Resources ups financing to C$2.3M

Golden Arrow ResourcesCorp. said April 26 that it has increased its previously announced nonbrokered private placement to aboutC$2.3 million.

The company initially intended to raise approximately C$2.1 millionthrough the offering of 7.75 million units at 27 Canadian cents each. Each unitwill consist of one common Golden Arrow share and one warrant, exercisable for onecommon share at 30 cents for a two-year period from the date of issuance.

To increase the proceeds, the company decided to offer a further800,000 units at the same offering price. Each unit will also comprise one commonshare and one warrant, exercisable for one common Golden Arrow share at 33 centsfor a two-year period from the date of issue.

The financing remains subject to approval and the proceeds areearmarked for general working capital.