09:36 AM EST - Element79 Gold Corp : Announces the Company wishes to raise up to $400,000 through a non-brokered private placement of Units of the Company at a purchase price of $0.23 per Unit. Each Unit will be comprised of one common share of the Company and one common share purchase warrant. Each Warrant will be exercisable for one Common Share at a price of $0.35 per Common Share for two years from the date of issuance. The proceeds of the Financing will be used for funding ongoing community relations, contractual and exploration work in Peru, legal expenses related to the closing of the sale of Maverick Springs Project and general working capital. Element79 Gold Corp
shares C.ELEM are trading down one cent at $0.27.
Full Press Release: https://www.baystreet.ca/quotedata/quote.aspx?ticker=ELEM%3ACNX&qmodStoryID=5255687218304761
