Gold’N Futures Oversubscribes Private Placement Led BY Canaccord Genuity Corp. Raising Gross Proceeds of C$2.75 Million IN Final Tranche
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789 West Pender St., Suite 810
Vancouver, BC V6C 1H2
Tel: 604-687-2038
www.goldnfuturesmineralcorp.com
Not for distribution in the United States or throug h United States newswire services
NEWS RELEASE CSE: FUTR
OTC: GFTRF
September 14, 2021 FSE: G6M
GOLD’N FUTURES OVERSUBSCRIBES PRIVATE PLACEMENT LED BY CANACCORD
GENUITY CORP. RAISING GROSS PROCEEDS OF C$2.75 MILLION IN FINAL
TRANCHE
VANCOUVER, BC -- (Newsfile – September 14, 2021) GOLD’N FUTURES MINERAL CORP. (CSE: FUTR) (FSE:
G6M), (OTC: GFTRF) (the " Company ” or “ Gold’n Futures ”) is pleased to announce the closing of the final
tranche of its previously announced brokered privat e placement of units (“ Units ”) and flow-through
units (“ FT Units ”) of the Company at a price of C$0.085 per Unit an d of C$0.095 per FT Unit for total
aggregate gross proceeds of C$2,753,028 (the " Offering "). Canaccord Genuity Corp. (the “ Agent”)
exercised the Agent’s Option, expanding the size of the Offering from the previously contemplated
C$2,500,000 maximum.
Each Unit is comprised of one common share of the C ompany (a " Common Share ") and one Common
Share purchase warrant (" Warrant"). Each FT Unit is comprised of one common share of the Company (a
"FT Common Share ") and one Warrant each of which will qualify as a "flow-through share" (within the
meaning of subsection 66(15) of the Income Tax Act (Canada) (the “ Tax Act ”). Each Warrant is
exercisable to acquire one Common Share (a " Warrant Share ") at a price of C$0.12 per Warrant Share
for a period of 24 months from the closing of the F inal Tranche, subject to adjustment in certain
circumstances. Any Warrant Shares issued upon the exercise of Warr ants will be issued on a non flow-
through basis.
Stephen Wilkinson, CEO of Gold’n Futures, commented : “The closing of this Private Placement marks to
beginning of an exciting period for Gold’n Futures. Our first field crew has arrived at the Hercules Project
and has begun the first stage of the field program. Over the coming weeks, the Company will be ramping
up its activities with diamond drilling to commence next month once the permit is in hand.”
In connection with the closing of the Offering, the Company paid a cash commission to the Agent equal
to 7.0% of the aggregate gross proceeds and issued an aggregate of 2,159,727 (inclusive of the broker
warrants issued upon closing of the first tranche) non-transferable broker warrants (" Broker Warrants ")
to the Agent, with each such Broker Warrant entitli ng the Agent to acquire one Common Share of the
Company at an exercise price of C$0.095 for a period of 24 months from the date of issuance, subject to
adjustment in certain circumstances.
The Company intends to use the net proceeds from th e sale of FT Units to incur “Canadian exploration
expenses” that are “flow-through mining expenditures” (as such terms are defined in the Tax Act) on the
Company’s Hercules gold property in Ontario and the Brady gold property in Newfoundland. The net
proceeds from the sale of the Units will be used for general corporate purposes.
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The securities issued under the Offering are subjec t to a four month and one day hold period pursuant
to applicable Canadian securities laws.
The securities described herein have not been, and will not be, registered under the United States
Securities Act of 1933, as amended (the "U.S. Secur ities Act"), or any state securities laws, and
accordingly, may not be offered or sold within the United States except in compliance with the
registration requirements of the U.S. Securities Ac t and applicable state securities requirements or
pursuant to exemptions therefrom. This press release does not constitute an offer to sell or a solicitation
to buy any securities in any jurisdiction.
About Gold’n Futures Mineral Corp.
Gold’n Futures Mineral Corp. (CSE: FUTR) (FSE: G6M) (OTC: GFTRF) is a Canadian based exploration
company focused on advancing its Hercules gold project. The Hercules project is located 200 kilometres
northeast of Thunder Bay, Ont., in the townships of Elmhirst and Rickaby, within the Thunder Bay North
Mining District. The project is in the heart of th e Beardmore – Geraldton gold mining camp, the 4 th
largest gold camp in Canada and is 40 km west of th e Hardrock-Greenstone gold mine development.
The property lies within an Archean greenstone belt that extends from the Longlac area in the east to
Lake Nipigon in the west, a distance of about 130 k ilometres and consists of 475 contiguous claim cell s
(10,052 ha). From the historical work completed on the property, the Company has built an extensive
database including reconnaissance grab samples; channel samples; a variety of geophysical surveys; and,
a drill hole database that includes historical drilling totalling in the order of 537 holes. With surface grab
samples grading up to 10,374 g/t gold and channel s amples up to 32.96 g/t gold across 11.6 metres, the
Hercules gold zones offer top tier targets for the expansion of its historical resources.
Qualified Person
The scientific and technical content of this press release has been prepared, reviewed and approved by
Mr. Walter Hanych, P. Geo., who is a Qualified Pers on under NI 43-101 regulations and is a director of
the Company.
For more information, please visit our website at: www.goldnfuturesmineralcorp.com
On behalf of the Board of Directors
For further information
Stephen Wilkinson,
President and CEO,
The Canadian Securities Exchange accepts no responsibility for the adequacy or accuracy of this release.
This news release may contain forward-looking state ments based on assumptions and judgments of managem ent regarding
future events or results and includes references to closing of the Final Tranche, use of proceeds and tax treatment of the FT
Units. Such statements are subject to a variety of risks and uncertainties which could cause actual ev ents or results to differ
materially from those reflected in the forward-look ing statements. There is no assurance the forward l ooking statements will
occur or occur on the terms stated above. The Comp any disclaims any intention or obligation to revise or update such
statements, except as required by applicable securities laws.