Unigold Announces Closing of Non-Brokered Private Placement of $146,600
Unigold Inc. (UGDIF) has successfully completed a non-brokered private placement, raising $146,600 through the issuance of 1,832,500 units at $0.08 per unit. Each unit comprises one common share and one-half of a common share purchase warrant. The warrants allow holders to purchase common shares at $0.12 for up to four years after issuance.
The proceeds will fund the company's ongoing permitting and development activities at its Neita Sur Concession in the Dominican Republic, along with general working capital purposes. No finders' fees were paid, and the securities are subject to a four-month hold period. The offering awaits final acceptance from the TSX Venture Exchange.
Unigold Inc. (UGDIF) ha completato con successo un collocamento privato senza intermediari, raccogliendo 146.600 $ attraverso l'emissione di 1.832.500 unità a 0,08 $ per unità. Ogni unità comprende una azione ordinaria e metà di un warrant per l'acquisto di azioni ordinarie. I warrant consentono ai possessori di acquistare azioni ordinarie a 0,12 $ per un periodo fino a quattro anni dall'emissione.
I fondi raccolti finanzieranno le attività di autorizzazione e sviluppo in corso presso la Concessione Neita Sur nella Repubblica Dominicana, oltre a coprire esigenze generali di capitale circolante. Non sono state pagate commissioni a intermediari e i titoli sono soggetti a un periodo di blocco di quattro mesi. L'offerta è in attesa della definitiva approvazione da parte della TSX Venture Exchange.
Unigold Inc. (UGDIF) ha completado con éxito una colocación privada sin intermediarios, recaudando 146,600 $ mediante la emisión de 1,832,500 unidades a 0.08 $ por unidad. Cada unidad consta de una acción común y la mitad de un warrant para la compra de acciones comunes. Los warrants permiten a los titulares comprar acciones comunes a 0.12 $ durante un periodo de hasta cuatro años desde la emisión.
Los fondos se destinarán a financiar las actividades continuas de permisos y desarrollo en la Concesión Neita Sur en la República Dominicana, junto con propósitos generales de capital de trabajo. No se pagaron comisiones a intermediarios y los valores están sujetos a un periodo de retención de cuatro meses. La oferta está a la espera de la aceptación final por parte de la TSX Venture Exchange.
Unigold Inc. (UGDIF)는 중개인 없이 사모 발행을 성공적으로 완료하여 146,600달러를 모금했으며, 단위당 0.08달러에 1,832,500단위를 발행했습니다. 각 단위는 보통주 1주와 보통주 매수 워런트 0.5주로 구성됩니다. 워런트는 발행 후 최대 4년 동안 0.12달러에 보통주를 매수할 수 있는 권리를 제공합니다.
모금된 자금은 도미니카 공화국에 위치한 Neita Sur 광구에서 회사의 허가 및 개발 활동과 일반 운영 자금으로 사용될 예정입니다. 중개 수수료는 지급되지 않았으며, 증권은 4개월간의 보유 기간이 적용됩니다. 이 제안은 TSX 벤처 거래소의 최종 승인을 기다리고 있습니다.
Unigold Inc. (UGDIF) a mené à bien un placement privé sans courtier, levant 146 600 $ par l'émission de 1 832 500 unités au prix de 0,08 $ par unité. Chaque unité comprend une action ordinaire et une demi-option d'achat d'actions ordinaires. Ces options permettent aux détenteurs d'acheter des actions ordinaires à 0,12 $ pendant une période allant jusqu'à quatre ans après l'émission.
Les fonds serviront à financer les activités de permis et de développement en cours sur la concession Neita Sur en République dominicaine, ainsi que les besoins généraux en fonds de roulement. Aucun frais d'intermédiaire n'a été payé, et les titres sont soumis à une période de blocage de quatre mois. L'offre attend l'acceptation finale de la TSX Venture Exchange.
Unigold Inc. (UGDIF) hat erfolgreich eine nicht vermittelte Privatplatzierung abgeschlossen und dabei 146.600 $ durch die Ausgabe von 1.832.500 Einheiten zu je 0,08 $ pro Einheit aufgenommen. Jede Einheit besteht aus einer Stammaktie und einem halben Kaufoptionsschein auf Stammaktien. Die Warrants berechtigen die Inhaber, bis zu vier Jahre nach Ausgabe Stammaktien zu 0,12 $ zu erwerben.
Die Erlöse werden zur Finanzierung der laufenden Genehmigungs- und Entwicklungsaktivitäten des Unternehmens auf der Neita Sur Konzession in der Dominikanischen Republik sowie für allgemeine Betriebskapitalzwecke verwendet. Es wurden keine Vermittlungsgebühren gezahlt, und die Wertpapiere unterliegen einer viermonatigen Haltefrist. Das Angebot wartet auf die endgültige Annahme durch die TSX Venture Exchange.
- Raised $146,600 in additional capital for development and working capital
- No finders' fees were paid, maximizing the net proceeds
- Warrants provide potential for additional future capital at $0.12 per share
- Small offering size indicates limited investor interest
- Potential dilution to existing shareholders
- Low unit price of $0.08 suggests challenging market conditions
Toronto, Ontario--(Newsfile Corp. - May 7, 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 1,832,500 units of the Company (each, a "Unit") at a price of
No finders 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/251217