Brigadier Gold Increases Private Placement Offering
19 Abril 2018 - 4:02PM
Brigadier Gold Limited ("Brigadier" or the "Company") (NEX:BRG.H)
is pleased to announce an increase in the previously announced
private placement offering (see press release dated March 13,
2017). Subject to the receipt of approval of the TSX Venture
Exchange, the Company intends to complete a non-brokered private
placement offering (the “Offering”) of up to $470,000 in gross
proceeds based on the issuance of up to 4,700,000 units (“Units”)
at a price of $0.10 per Unit. Each Unit will comprise of one common
share (a “Share”) and one common share purchase warrant (a
“Warrant”). Each Warrant will entitle the holder to acquire one
common share at an exercise price of $0.15 for a period of 12
months from the closing of the Offering (the “Closing”).
Additionally, the Company may pay finder’s fees in connection with
the private placement. The Shares and Warrants will be subject to a
resale restriction for a period of four months plus one day from
Closing. The net proceeds of the private placement will be used for
general corporate purposes while the Company continues to evaluate
various corporate strategies and opportunities.
The Offering will be made available by way of
private placement exemptions in Canada and may be offered in other
jurisdictions where they can be issued on a private placement
basis, exempt from any prospectus, registration or other similar
requirements. The Offering is subject to a number of conditions
including receipt of all necessary corporate and regulatory
approvals, including the approval of the TSX Venture Exchange.
THE SHARES AND WARRANTS WILL NOT BE
REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS
AMENDED, AND MAY NOT BE OFFERED OR SOLD WITHIN THE UNITED STATES OR
TO OR FOR THE ACCOUNT OR BENEFIT OF, U.S. PERSONS ABSENT
REGISTRATION OR AN APPLICABLE EXEMPTION FROM U.S. REGISTRATION
REQUIREMENTS. THIS PRESS RELEASE SHALL NOT CONSTITUTE AN OFFER TO
SELL OR THE SOLICITATION OF AN OFFER TO BUY NOR SHALL THERE BE ANY
SALE OF THE SECURITIES IN ANY STATE IN WHICH SUCH OFFER,
SOLICITATION OR SALE WOULD BE UNLAWFUL.
For further information, please contact Grant
Hall, President and CEO at (520) 668-4101.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
Contact Information
Brigadier Gold LimitedGrant Hall, President & CEO (520)
668-4101info@brigadiergold.com
Brigadier Gold (TSXV:BRG.H)
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