other material
confidence high
sentiment neutral
materiality 0.50
Athena Gold closes CDN$200k private placement and settles CDN$34k debt with shares
ATHENA GOLD CORP
- Sold 5,000,000 Units at CDN$0.04/Unit for total proceeds of CDN$200,000; each Unit = 1 share + 1 warrant exercisable at CDN$0.05 for 2 years.
- Issued 685,564 common shares to Castlewood Capital at CDN$0.05/share in full settlement of CDN$34,278.02 debt.
- Shares issued under Regulation D (accredited investors) and Regulation S; proceeds used for working capital and general corporate purposes.
- Debt Settlement Agreement filed as Exhibit 10.1; includes release of all obligations by Castlewood Capital.