Unigold Announces Closing of Non-Brokered Private Placement of $140,000
Unigold (OTC:UGDIF) has completed a non-brokered private placement raising $140,000 through the issuance of 1.4 million units at $0.10 per unit. Each unit comprises one common share and one warrant, with warrants exercisable at $0.16 per share for a two-year period.
The proceeds will support the company's permitting and development activities at its Neita Sur Concession in the Dominican Republic, along with general working capital needs. No finder's fees were paid, and the securities are subject to a four-month hold period, pending final TSX Venture Exchange approval.
["Secured $140,000 in new funding for development activities", "Warrants provide potential for additional future funding at $0.16 per share", "No finder's fees paid, reducing transaction costs"]Unigold (OTC:UGDIF) ha completato un collocamento privato non mediato, raccogliendo $140.000 mediante l'emissione di 1,4 milioni di unità a $0,10 ciascuna. Ogni unità comprende una azione comune e una warrant; le warrant sono esercitabili a $0,16 per azione per un periodo di due anni.
I proventi sosterranno le attività di autorizzazione e sviluppo della società nella sua concessione Neita Sur nella Repubblica Dominicana, oltre a coprire le necessità di capitale circolante generale. Non sono state pagate commissioni a intermediari e i titoli sono soggetti a un periodo di blocco di quattro mesi, in attesa dell'approvazione finale della TSX Venture Exchange.
Unigold (OTC:UGDIF) ha finalizado una colocación privada sin intermediarios, recaudando $140,000 mediante la emisión de 1,4 millones de unidades a $0.10 por unidad. Cada unidad incluye una acción ordinaria y una warrant; las warrants son ejercitables a $0.16 por acción durante un periodo de dos años.
Los fondos apoyarán las actividades de permisos y desarrollo de la compañía en su concesión Neita Sur en la República Dominicana, además de cubrir necesidades generales de capital de trabajo. No se pagaron comisiones a intermediarios y los valores están sujetos a un periodo de retención de cuatro meses, pendiente de la aprobación final de la TSX Venture Exchange.
Unigold (OTC:UGDIF)는 브로커 없이 진행된 사모를 완료하여 1,400,000주를 주당 $0.10에 발행해 $140,000를 조달했습니다. 각 유닛은 보통주 1주와 워런트 1매로 구성되며, 워런트는 향후 2년간 주당 $0.16에 행사할 수 있습니다.
조달 자금은 도미니카공화국의 Neita Sur 광권에서 회사의 인허가 및 개발 활동과 일반적인 운전자본에 사용될 예정입니다. 중개 수수료는 지급되지 않았고, 증권은 4개월의 락업 기간이 적용되며 최종 TSX 벤처 거래소 승인 대기 중입니다.
Unigold (OTC:UGDIF) a réalisé un placement privé sans intermédiaire, levant 140 000 $ par l'émission de 1,4 million d'unités à 0,10 $ l'unité. Chaque unité comprend une action ordinaire et un bon de souscription (warrant) ; les warrants sont exerçables à 0,16 $ par action pendant une période de deux ans.
Les fonds serviront à soutenir les activités d'autorisation et de développement de la société sur sa concession Neita Sur en République dominicaine, ainsi qu'aux besoins généraux de fonds de roulement. Aucun frais d'intermédiation n'a été payé et les titres sont soumis à une période de blocage de quatre mois, en attente de l'approbation finale de la TSX Venture Exchange.
Unigold (OTC:UGDIF) hat eine nicht vermittelte Privatplatzierung abgeschlossen und dabei $140.000 durch die Ausgabe von 1,4 Millionen Einheiten zu je $0,10 pro Einheit eingenommen. Jede Einheit besteht aus einer Stammaktie und einer Wandeloption (Warrant); die Warrants sind für einen Zeitraum von zwei Jahren zu $0,16 pro Aktie ausübbar.
Die Erlöse werden die Genehmigungs- und Entwicklungsaktivitäten des Unternehmens in der Neita Sur-Konzession in der Dominikanischen Republik sowie den allgemeinen Betriebskapitalbedarf unterstützen. Es wurden keine Vermittlergebühren gezahlt, und die Wertpapiere unterliegen einer viermonatigen Haltefrist; die endgültige Genehmigung durch die TSX Venture Exchange steht noch aus.
- None.
- Small offering size indicates limited funding raised
- Potential dilution for existing shareholders
Toronto, Ontario--(Newsfile Corp. - September 3, 2025) - Unigold Inc. (TSXV: UGD) (OTC Pink: UGDIF) (FSE: UGB1) ("Unigold" or the "Company") is pleased to announce that it has completed a non-brokered private placement of 1,400,000 units of the Company (each, a "Unit") at a price of
No finders fees were paid in connection with this closing of the Offering. The proceeds from the Offering will be used to fund the Company's continued permitting and development on its Neita Sur Concession in the Dominican Republic, and for general working capital purposes. All securities issued under the Offering are subject to a four-month hold period. The Offering is subject to final acceptance of the TSX Venture Exchange.
The securities offered have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements.
For further information, please visit www.unigoldinc.com or contact:
Mr. Joseph Hamilton
Chairman & CEO
T. (416) 866-8157
Forward-Looking Statements
Where applicable, we claim the protection of the safe harbour for forward-looking statements provided by the (United States) Private Securities Litigation Reform Act of 1995.
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.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/265082