other material
confidence high
sentiment neutral
materiality 0.70
Athena Gold closes CAD $1.015M private placement of 14.5M units at $0.07/unit
ATHENA GOLD CORP
- Gross proceeds of CAD $1,015,000 from selling 14,500,000 units at CAD $0.07 per unit.
- Each unit includes one common share and one warrant exercisable at CAD $0.10 for two years; acceleration trigger at CAD $0.20 VWAP.
- Proceeds to fund 2023 drill program at Excelsior Springs property in Nevada and for general expenses.
- Insiders purchased 7,221,142 units for CAD $505,480; related party transaction exempt under MI 61-101.
- Finder's fees of CAD $7,921.20 cash and 220,303 broker warrants paid.