other material
confidence high
sentiment neutral
materiality 0.50
U.S. Gold raises $2.5M in registered direct offering of shares and warrants
U.S. GOLD CORP.
- Registered direct offering of 384,741 shares at $6.50/share plus warrants to buy 192,370 shares at $8.00/share.
- Gross proceeds of approximately $2.5 million; closing expected February 16, 2022.
- Warrants immediately exercisable, expire five years from issuance date.
- Post-offering shares outstanding expected to be 7,481,464.