Element79 Gold Announces $2MM Private Placement and Shares for Debt Conversion

Element79 Gold Announces $2MM Private Placement and Shares for Debt Conversion

Element79 Gold Announces $2MM Private Placement and Shares for Debt Conversion - Oops!Something went wrong.Please try again later. - ELMGF VANCOUVER, BC / ACCESSWIRE / June 23, 2022 / Element79 Gold Corp. (CSE:ELEM)(OTC PINK:ELMGF)(FSE:7YS) ("Element79 Gold", or the "Company") is pleased to announce today a non-brokered private placement ("Private Placement") of up to 4,000,000 units of the Company (each, a "Unit") at a price of CAD$0.50 per Unit for anticipated gross proceeds up to CAD$2,000,000. Each Unit will be comprised of one common share of the Company (a "Share") and one non-transferrable common share purchase warrant (a "Warrant"). Each warrant is exercisable into one common share at a price of CAD$1.00 per share for a period of twenty-four months from the date of issuance, subject to acceleration (10-day VWAP above …
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