other material
confidence high
sentiment neutral
materiality 0.60
Dakota Gold closes $6M Orion investment, raises additional $7M via ATM, total ~$13M
Dakota Gold Corp.
- Issued 2,344,836 shares at $2.50 to Orion for gross proceeds of ~$5.9M.
- Sold 1% NSR royalty on certain properties to Orion for $182,758; combined $6M.
- Raised ~$7M from at-the-market offerings between June 27 and July 1, 2024.
- Total aggregate gross proceeds from both financings ~$13M.
- Orion Mine Finance entities; equity and royalty closed July 2, 2024.