Each Unit consists of one common share (a 'Share') in the share capital of the Corporation and one share purchase warrant (a 'Warrant'). Each full Warrant will entitle the holder to purchase one additional Share in the share capital of the Corporation for a period of 5 years, at an exercise price of
All securities issued in connection with the Private Placement are subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation.
The net proceeds from the Private Placement will be used for general corporate purposes and to advance the Winston gold project, near
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