EnGold Announces Final Closing of Financing
EnGold Announces Final Closing of Financing
VANCOUVER
,
Aug. 10, 2018
/CNW/ -
David H. Brett
, President & CEO, EnGold Mines Ltd., (TSX-
V: EGM, "EnGold" or the "Company") reports that the Company has closed the second and final
tranche of its brokered private placement with Canaccord Genuity Corp. (the "Agent") acting as
agent (refer to news releases dated
April 16, 2018
,
May 1, 2018
and
May 17, 2018
). The Company
has issued 373,333 Flow-Through Units at
$0.30
per Flow-Through Unit for gross proceeds of
$111,999.90
, and 77,000 Common Units at
$0.26
per Common Unit for gross proceeds of
$20,020.00
. The Agent's commissions and expenses were deducted from the proceeds of the sale
of Common Units, and 26,133 Agent's warrants were issued in connection with the sale of the Flow-
Through Units, and 5,390 Agent's warrants were issued in connection with the sale of the Common
Units. All securities issued under the closing of the final tranche are subject to a hold period that will
expire on
December 11, 2018
.
About EnGold
EnGold (
www.engold.ca
) is focused on exploring its 100% owned mineral property located near the
town of
Lac La Hache
in BC's prolific Cariboo mining region. EnGold's corporate philosophy rests on
three interdependent pillars: Environment, Engagement and Gold. Through sound environmental
stewardship, commitment to transparent engagement with local communities, the Company is
dedicated to driving exceptional shareholder and stakeholder value by discovering and developing
mineral resources.
Engold Mines Ltd.
Per/
David Brett
, MBA
President & CEO
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.
SOURCE
Engold Mines Ltd.
View original content with multimedia:
http://www.newswire.ca/en/releases/archive/August2018/10/c5588.html
%SEDAR: 00007665E
For further information:
contact David Brett, 604-682-2421 or [email protected]
CO: Engold Mines Ltd.
CNW 17:00e 10-AUG-18