Alma Gold Announces Upsizing Of Private Placement Offering
Date
9/17/2024 7:16:11 PM
(MENAFN- Newsfile Corp)
Vancouver, British Columbia--(Newsfile Corp. - September 17, 2024) - Alma Gold Inc. (CSE: ALMA) (" Alma gold " or the " Company ") is pleased to announce that it has increased the size of its non-brokered private placement, as described in the Company's news release dated September 3, 2024. The Company now intends to issue up to 3,750,000 units of the Company (each, a " Unit ") at a price of $0.08 per Unit, for aggregate gross proceeds of up to $300,000 (the " Private Placement "). Each Unit will be comprised of one common share (each a " Share ") and one transferable common share purchase warrant (each a " Warrant "). Each Warrant will entitle the holder thereof to acquire one additional Share at a price of $0.10 for a period of three (3) years from issuance. The Company intends to close the Private Placement on or about September 20, 2024.
Proceeds received from the Private Placement will be used for general working capital purposes.
No finder's fees will be payable on the Private Placement. All securities will be will be subject to a statutory hold period of four months and one day from issuance, in accordance with applicable securities laws of Canada.
This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
About Alma Gold Inc.
Alma Gold Inc. is a gold-focused exploration company based in Bedford, Nova Scotia. Alma Gold Inc. through its subsidiary Karita Gold Corp. is exploring the Karita West Project in northern Guinea, the Dialakoro project permits under application in the Siguiri Basin of Guinea and it owns the Clarence Stream North Gold Project in southwest New Brunswick, Canada.
For more information on Alma Gold Inc., please visit our website at: .
On Behalf of the Board of Directors
"Gregory Isenor"
MENAFN17092024004218003983ID1108685265
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