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Element79 Gold Corp

06:27 AM EST - Element79 Gold Corp : Announces that subject to Canadian Securities Exchange approval, the Company will raise up to $600,000 through a non-brokered private placement. The financing will consist of an aggregate of up to 5,309,734 Common shares offered at a price of $0.113 per share. The principal use of the proceeds of the Offering will be for funding ongoing exploration work, operating and administrative expenses, working capital and general corporate purposes. Element79 Gold Corp shares C.ELEM are trading down one cent at $0.19.

Full Press Release: https://www.baystreet.ca/quotedata/quote.aspx?ticker=ELEM%3ACNX&qmodStoryID=4986006477433536