Goldsource Closes $6.6 Million Brokered Private Placement, 80% of Over-Allotment Option Exercised
- Goldsource Closes $6.6 Million Brokered Private Placement, 80% of Over-Allotment Option Exercised
The issuer is solely responsible for the content of this announcement.
- Each Unit consisted of one common share of Goldsource ("Common Share") and one-half of one Common Share purchase warrant (each whole warrant, a "Warrant").
- Each Warrant entitles the holder to acquire one Common Share at an exercise price of $0.16 until September 24, 2022.
- The completed Offering includes exercise of the agents' over-allotment option for $1,602,909, representing approximately 80% of the over-allotment option to purchase additional Units at $0.11 per Unit.