Gambier GOLD Announces Private Placement
GAMBIER GOLD ANNOUNCES PRIVATE PLACEMENT
VANCOUVER,
BC
–
June
4,
2020
–
Gambier
Gold
Corp.
(
TSX-V:
GGAU
)
(the
“Company”
)
is
pleased
to
announce
that
it
intends
to
complete
a
non-brokered
private
placement
to
raise
gross
proceeds
of
up
to
$180,000
(the
“Financing”)
by
way
of
the
issuance
of
up
to
3,000,000
common
shares
at
a
price
of
$0.06
(the
“Financing”).
The
Corporation
will
use
the
net
proceeds
of
the
Financing
for
exploration
at
its
Hemlo
(Ontario)
and
Urban
Barry
(Quebec)
gold
projects,
as
well
as
for
working
capital purposes.
Shares
issued
pursuant
to
the
Financing
will
be
subject
to
a
four-month
hold
period
according to applicable securities laws of Canada.
Finders’
fees
may
be
payable
on
the
private
placement,
subject
to
the
policies
of
the
TSX Venture Exchange.
ON BEHALF OF THE BOARD
Michael E. Schuss
President & CEO
For further information, please contact:
Gambier Gold Corp.
Phone: (604) 279-6263
E-mail:
Website:
www.gambier.gold
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.