Advance Gold Announces Private Placement Financing
Kamloops, British Columbia--(Newsfile Corp. - June 16, 2021) - Advance Gold Corp. (TSXV: AAX) ("Advance Gold" or "the Company") announces that, subject to the approval of the TSX Venture Exchange, it proposes to undertake a non-brokered private placement of units (the "Units") at a price of six cents ($0.06) per Unit (the "Financing").
- Kamloops, British Columbia--(Newsfile Corp. - June 16, 2021) - Advance Gold Corp. (TSXV: AAX) ("Advance Gold" or "the Company") announces that, subject to the approval of the TSX Venture Exchange, it proposes to undertake a non-brokered private placement of units (the "Units") at a price of six cents ($0.06) per Unit (the "Financing").
- The Company intends to close the private placement immediately following the satisfaction of customary closing conditions, including receipt of all regulatory approvals.
- In addition, Advance Gold holds an 11.13% interest in strategic claims in the Liranda Corridor in Kenya, East Africa.
- The remaining 88.87% of the Kakamega project is held by Shanta Gold Limited (project previously owned by Barrick Gold Corporation, for details see Advance Gold News Release dated 2020-08-26).