secwatch.observer — SEC 8-K summary
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Issuer:     ATHENA GOLD CORP (AHNRF)
CIK:        0001304409
Form:       8-K
Filed at:   2024-01-30T23:59:59+00:00
Accession:  0001683168-24-000552
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Athena Gold closes CAD $200K private placement of units and settles CAD $34K debt via shares
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- Closed private placement of 5,000,000 units at CAD $0.04/unit for gross proceeds of CAD $200,000.
- Each unit: one common share + one warrant exercisable at CAD $0.05 for 12 months; acceleration if share price ≥ $0.10 for 10 days.
- Settled CAD $34,278.20 debt by issuing 685,564 common shares at CAD $0.05/share to preserve cash.
- Insiders purchased 3,750,000 units (CAD $150,000) in the placement.
- Proceeds to pay trade payables, fund Crow Springs exploration, and final payment for Excelsior Springs claims.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1304409/000168316824000552/0001683168-24-000552-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1304409/000168316824000552/athenagold_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-24-000552

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer