Baru Gold announces US$1.5 million financing

Published by Joe Toft, Editorial Assistant
Global Mining Review, Thursday, 05 January 2023 16:00

Baru Gold Corp has announced a US$1.5 million non-brokered private placement consisting of up to 75 000 000 units priced at US$0.02 per unit. Each unit will be comprised of one common share in the capital of the company and one non-transferable common share purchase warrant. Each warrant will entitle the holder to purchase one additional share at an exercise price of US$0.05 for one year and US$0.10 for the second year from the date such warrant is issued. The financing is expected to close on or before 15 February 2023.

The use of proceeds percentage of the financing will be 15% for land acquisition, 20% for drilling, 7% for security, 3% for investor relations, 23% for payments to non-arm’s length parties and 32% for working capital.

Read the article online at: https://www.globalminingreview.com/finance-business/05012023/baru-gold-announces-us15-million-financing/

Critical One Energy announces positive lab results from Howells Lake Preliminary Metallurgical Study

Wednesday 29 July 2026 12:00

Critical One Energy Inc. has announced positive results from a preliminary metallurgical study at its flagship Howells Lake Antimony-Gold Project, located in the Thunder Bay Mining Division and approximately 120 km west of the Ring of Fire access corridor in northwestern Ontario, Canada.

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