Tuesday, September 30, 2025

Latest

GoldSpot Discoveries To Conduct $10.0 Million Bought Deal Financing

GoldSpot Discoveries Corp. (TSXV: SPOT) announced this morning that it has entered into an agreement with Canaccord Genuity Corp to conduct a bought deal financing. The financing will see Goldspot conduct a financing for aggregate gross proceeds of $10 million.

Under the terms of the financing, GoldSpot will be selling 12.5 million common shares at $0.80 per share. No warrants are being offered under the financing. In addition, an over-allotment option has been issued, enabling the company to raise up to an additional $1.5 million under the terms of the financing.

The offering is scheduled to close on June 1, 2021, subject to regulatory approvals.

The company indicated it intends to use the bought deal proceeds for research and development, investment capital, and general corporate expenses.

GoldSpot Discoveries Corp. last traded at $0.86 on the TSX Venture.


Information for this briefing was found via Sedar, and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

The Global Conflict Has Already Started | Bryan Cunningham

Silver Still At 90:1, What If It Snaps Back To 15:1? | Glenn Jessome – Silver Tiger

Why This Gold Run Could Be Bigger | Roger Rosmus – Goliath Resources

Recommended

Nord Precious Metals Conducts Geophysical Survey At Castle To Identify Historical Workings

Anfield Energy Releases First Assay Results From JD-7 Mine Drill Program

Related News

Augusta Gold Reports 880,000 Ounces Of Gold In Maiden Resource Estimate At Bullfrog

Augusta Gold Corp. (TSX: G) today released the results of its maiden mineral resource estimate...

Wednesday, July 14, 2021, 10:52:00 AM

New Found Gold Drills 150.28 g/t Gold Over 11.50 Metres At Lotto Zone

New Found Gold (TSXV: NFG) continues to report strong drill results from its Queensway Project...

Wednesday, June 23, 2021, 07:59:16 AM

Is Bitcoin A Fraud? – The Daily Dive feat Jeff Wareham

Today on the Daily Dive, we’re joined by Jeff Wareham, whom is a director at...

Tuesday, December 15, 2020, 01:00:00 PM

Gold Continues Descent Following Powell’s Hawkish Stance

Gold prices continued their downward slide on Thursday, after plummeting by the most in over...

Friday, January 28, 2022, 03:40:00 PM

Gran Colombia Gold Reports May Production of 18,129 Ounces

It appears operations are finally beginning to return to normal for gold miners. Gran Colombia...

Tuesday, June 16, 2020, 08:57:37 AM