VANCOUVER, British Columbia, Sept. 17, 2021 (GLOBE NEWSWIRE) -- (“P2” or the “Company”) (TSX-V:PGLD) reports that it intends to increase the size of its previously announced non-brokered private placement of flow-through shares from up to 1,000,000 flow-through common shares to up to 2,500,000 flow-through common shares in the capital of the Company (the “Private Placement”) that qualify as flow-through shares for purposes of the Income Tax Act (Canada), at a price of $0.50 per common share for gross proceeds of up to $1,250,000.
- The Private Placement will be offered to accredited investors in all Provinces of Canada pursuant to applicable securities laws.
- In connection with the Private Placement, the Company may pay finders fees as permitted by the policies of the Exchange.
- All securities issued pursuant to the Private Placement will be subject to a four-month hold period.
- P2 is a mineral exploration and development company focused on advancing precious metals and copper discoveries and acquisitions in the western United States and British Columbia.