other material
confidence high
sentiment neutral
materiality 0.60
U.S. Gold Corp. raises $5M in registered direct offering of 625,000 shares and warrants
U.S. GOLD CORP.
- 625,000 shares at $8.00/share, warrants for 625,000 shares at $8.60/share.
- Gross proceeds ~$5M before fees and offering expenses.
- Warrants exercisable 6 months after issuance, expire 5 years from exercise date.
- Closing expected on March 18, 2022.
- A.G.P./Alliance Global Partners is the sole placement agent.