Tuesday, September 16, 2025

Reunion Gold To Raise $3.0 Million In Brokered Financing, Expands Non-Brokered Financing

Reunion Gold Corporation (TSXV: RGD) announced today that it has launched a marketed private placement with a syndicate of agents led by BMO Capital Markets. Adjacently, it has also reported the upsizing of its previously announced non-brokered offering.

The brokered offering will consist of 46.2 million units at $0.065 per unit, amounting to gross proceeds of approximately $3 million. Each unit entitles the bearer to a common share and half of a warrant. Each whole warrant contains an exercise price of $0.12 per share and is valid for a year from the closing date.

Reunion Gold is also increasing the non-brokered private placement it announced April 19 by 19.2 million units more, amounting to additional proceeds of $1.25 million. This brings the offering’s total to 111.5 million units, still at $0.065 per unit, for total proceeds amounting to $7.25 million. As previously announced, each unit in this offering also entitles the bearer to a common share and half of a warrant, with warrants having the same terms as the brokered offering.

Reunion Gold said it intends to use the proceeds for exploration work at the Oko West Project in Guyana and for other general working capital purposes.

The company expects to close the brokered offering on May 18, 2021.

Reunion Gold Corporation last traded at $0.065 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

New Found Gold: The Strategic Maritime Resources Purchase

Amex Exploration: Revised Perron PEA Has INSANE Economics

Aris Mining: The Multi Billion Dollar Soto Norte PFS

Recommended

Northern Superior Expands Philibert With 350 Metre Step Out Testing 1.10 g/t Gold Over 25.5 Metres

Goliath Resources Hits 18.58 g/t Gold Over 5.00 Metres At Surebet

Related News

Gold Is A Key Way To Store Value, Not Speculate – The Daily Dive feat John-Mark Staude

Today on the Daily Dive, we see the return of regular guest John-Mark Staude, CEO...

Thursday, April 22, 2021, 01:30:00 PM

Silk Road Energy Acquires Gold Properties In Kirkland Lake Region Of Ontario

Silk Road Energy (TSXV: SLK) has closed on its previously announced purchase of multiple gold...

Thursday, June 9, 2022, 02:10:00 PM

Rahul Paul: A Constructive Shift In Gold Sentiment

For our final episode of The Daily Dive this week, we sit down with Rahul...

Friday, April 16, 2021, 01:30:00 PM

Trillium Gold Announces 8,000 Metre Drill Program For Gold Centre Property

Trillium Gold Mines (TSXV: TGM) is set to begin drilling a new property. The firm...

Wednesday, May 19, 2021, 08:05:19 AM

Mike McGlone: Bitcoin Is Replacing Gold – The Daily Dive

On this episode of the Daily Dive, Cassandra sits down with returning guest Mike McGlone,...

Friday, August 20, 2021, 01:30:00 PM