other material
confidence high
sentiment neutral
materiality 0.65
Athena Gold closes CAD$704,616 private placement; upsized and oversubscribed, insider participation
ATHENA GOLD CORP
- Gross proceeds CAD$704,616 from 8,807,700 units at CAD$0.08 per unit; each unit includes a warrant exercisable at CAD$0.12 for 24 months.
- Offering upsized by CAD$40,000 from initial target due to additional 500,000 unit subscription.
- Insider purchased 860,200 units for CAD$68,816; related-party exemption relied upon.
- Finder's fees paid: $14,748 cash and 184,350 broker warrants to Haywood, Canaccord, and Castlewood.
- Net proceeds to be used for project exploration and general working capital.