GoGold Announces Filing of Final Short Form Prospectus FINAL SHORT FORM PROSPECTUS ACCESSIBLE ON SEDAR+
GoGold Announces Filing of Final Short Form
Prospectus
FINAL SHORT FORM PROSPECTUS ACCESSIBLE ON SEDAR+
Halifax, Nova Scotia--(Newsfile Corp. - April 2, 2025) -
GoGold Resources Inc. (TSX: GGD) (OTCQX:
GLGDF) ("GoGold" or the "Company")
is pleased to announce that, further to its news release dated
March 19, 2025, it has filed a final short form prospectus dated April 1, 2025 (the "
Final Prospectus
")
with the securities commissions in each of the provinces of Canada, except Quebec, pursuant to its
$75,002,200 bought deal public offering of common shares (the "
Common Shares
") at $1.82 per
Common Share (the "
Offering
") through a syndicate of underwriters including BMO Capital Markets
and
Stifel Nicolaus Canada Inc. (together with BMO Capital Markets, the "
Lead Underwriters
") as lead
underwriters and joint bookrunners, and SCP Resource Finance LP, Ventum Financial Corp., and
Desjardins Securities Inc. (the "
Underwriters
"). The Company has granted the Underwriters an option
(the "
Over-Allotment Option
") to purchase an additional 6,181,500 Common Shares of the Company
on the same terms exercisable at any time up to 30 days following the closing of the Offering, for market
stabilization purposes and to cover over-allotments, if any. If the Over-Allotment Option is exercised in
full, an additional $11,250,330 in gross proceeds will be raised pursuant to the Offering and the
aggregate gross proceeds the Offering will be $86,252,530.
Closing of the Offering is expected to occur on or about April 4, 2025. The Toronto Stock Exchange has
conditionally approved the Offering and the listing of the Common Shares to be issued pursuant to the
Offering (including any exercise of the Over-Allotment Option), subject to customary conditions.
Access to Final Prospectus and any amendment to the documents is provided in accordance with
securities legislation relating to procedures for providing access to a prospectus. The Final Prospectus
is accessible on SEDAR+ at
www.sedarplus.ca
. An electronic or paper copy of the Final Prospectus
and any amendment may be obtained, without charge, from BMO Nesbitt Burns Inc., Brampton
Distribution Centre C/O The Data Group of Companies, 9195 Torbram Road, Brampton, Ontario, L6S
6H2, by telephone at 905-791-3151 Ext 4312, or by email at
by
providing the contact with an email address or address, as applicable. The Final Prospectus contains
important detailed information about the Company and the Offering. Prospective investors should read
the and the other documents the Company has filed on SEDAR+ before making an investment decision.
The Common Shares offered in the Offering will not be registered under the U.S. Securities Act or any
U.S. state securities laws, and are not offered or sold in the United States or to, or for the account or
benefit of, United States persons absent registration or an applicable exemption from the registration
requirements of the U.S. Securities Act and applicable U.S. state securities laws. This press release
shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor
will there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would
be unlawful.
About GoGold Resources
GoGold Resources (TSX: GGD) is a Canadian-based silver and gold producer focused on operating,
developing, exploring and acquiring high quality projects in Mexico. The Company operates the Parral
Tailings mine in the state of Chihuahua and has the Los Ricos South and Los Ricos North exploration
and development projects in the state of Jalisco. Headquartered in Halifax, NS, GoGold is building a
portfolio of low cost, high margin projects. For more information visit
gogoldresources.com
.
For further information please contact:
Steve Low, Corporate Development
GoGold Resources Inc.,
T: 416 855 0435
Email :
Or visit :
www.gogoldresources.com
CAUTIONARY STATEMENT:
CAUTIONARY STATEMENT: 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. Securities Act"), or any state
securities laws, and may not be offered or sold within the United States or to, or for the benefit of, U.S.
persons (as defined in Regulation S under the U.S. Securities Act) except in compliance with the
registration requirements of the U.S. Securities Act and applicable state securities laws or pursuant to
exemptions therefrom. This release does not constitute an offer to sell or a solicitation of an offer to buy
of any of GoGold's securities in the United States. This news release may contain "forward-looking
information" as defined in applicable Canadian securities legislation. All statements other than
statements of historical fact, included in this release, including, without limitation, statements regarding
the Parral tailings project, the Los Ricos project, future operating margins, future production and
processing, and future plans and objectives of GoGold, constitute forward looking information that
involve various risks and uncertainties. Forward-looking information is based on a number of factors and
assumptions which have been used to develop such information but which may prove to be incorrect,
including, but not limited to, assumptions in connection with the continuance of GoGold and its
subsidiaries as a going concern, general economic and market conditions, mineral prices, the accuracy
of mineral resource estimates, and the performance of the Parral project There can be no assurance that
such information will prove to be accurate and actual results and future events could differ materially from
those anticipated in such forward-looking information. Important factors that could cause actual results to
differ materially from GoGold's expectations include exploration and development risks associated with
GoGold's projects, the failure to establish estimated mineral resources or mineral reserves, volatility of
commodity prices, variations of recovery rates, and global economic conditions. For additional
information with respect to risk factors applicable to GoGold, reference should be made to GoGold's
continuous disclosure materials filed from time to time with securities regulators, including, but not
limited to, GoGold's Annual Information Form. The forward-looking information contained in this release
is made as of the date of this release.
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE,
PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN
WHOLE OR IN PART, IN OR INTO THE UNITED STATES.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/247077