Victoria, British Columbia–(Newsfile Corp. – April 17, 2024)- GoldON Resources Ltd. (TSXV: GLD) (“GoldON” or the “Company”) has arranged a non-brokered private placement financing of up to 8,000,000 units (the “Units'') to accredited investors with maximum gross proceeds of $400,000 (the “Offering'').
The stock acquisition rights are priced at $0.05 and consist of one common share and one non-transferable stock purchase warrant. This warrant entitles the holder to purchase one additional share of the Company's common stock at a price of $0.10 per share for a period of two years from the closing date. Offering.
The Company will use the proceeds from the initial public offering to fund operations at its wholly owned West Madsen Gold Properties and for general working capital purposes. Completion of this offering is subject to approval by the TSX Venture Exchange.
About GoldON Resources Ltd.
GoldON is a mineral exploration company focused on discovery stage properties. Our real estate goals are to add value by defining (or redefining) exploration opportunities, maintain control of ownership during the value creation phase of discovery, and provide capital that can accelerate discovery, resource definition, and development. It's about sourcing a wide range of partners.
For more information, please visit our website at goldenresources.com, click here to download our investor presentation, and follow us on X. https://twitter.com/GoldONResources.
on behalf of the board of directors
signed “Michael Ronick”
Michael Ronick, President
Goldon Resource Co., Ltd.
Direct phone: (204) 724-0613
Email: info@goldonresources.com
179 – 2945 Jacklin Road, Suite 416
Victoria, British Columbia, V9B 6J9
Forward-looking statements
This news release involves known and unknown risks, uncertainties, assumptions and other factors that may cause our actual results, performance or achievements to be materially different from future results, performance or achievements. may contain forward-looking statements. outcomes expressed or implied by forward-looking statements; Any forward-looking statements speak only as of the date of this news release and, except as required by applicable securities laws, the Company does not make any forward-looking statements, whether as a result of new information or otherwise. We disclaim any intention or obligation to update any information contained herein. future events, results, etc.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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