St. Anthony Gold Corp. Announces Closing of Over-Subscribed Financing
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For Immediate Release
St. Anthony Gold Corp. Announces Closing of Over-Subscribed Financing
VANCOUVER, BC / ACCESSWIRE / November 7, 2022 / St. Anthony Gold Corp. (“St. Anthony”
or the “Company“) (CSE:STAG)(Frankfurt:M1N)(OTC PINK:MTEHF) announces it completed its
previously announced non-brokered private placement (the “Financing”) on November 4, 2022.
The Company accepted subscriptions on this final tranche of 21,472,600 units at a price of $0.035
per unit, for gross proceeds of $751,541. The Company paid finders fees to qualified finders of
$16,363.48 and issued 467,528 broker warrants, whic h are on the same terms as the warrants
forming part of the units.
The Company raised a total of $1,522,545.57. A total of 43,501,300 Units and 1,011,128 broker
warrants were issued pursuant to the Financing.
Each unit consists of one common share and one common share purchase warrant. Each warrant
entitles the holder to purchase one additional common share at $0.05 for a period of two years
from the date of closing.
Securities issued on this closing are subject to a statutory hold period until March 5, 2023.
The net proceeds of the Financing will be used for general working capital.
About St. Anthony Gold Corp.
St. Anthony Gold Corp., a Canadian-based mineral exploration corporation, is focused on
identifying and advancing high-value mineral properties.
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FOR ADDITIONAL INFORMATION SEE THE COMPANY’S WEB SITE AT
https://stanthonygoldcorp.com
Email to [email protected]
Contact: Peter Wilson CEO - 604-649-0945
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is
defined in the policies of the Canadian Securities Exchange) accepts responsibility for the
adequacy or accuracy of this release.
Further information about the Company is available on www.SEDAR.com under the Company’s
profile.
Certain statements contained in this release may constitute “forward –looking statements” or
“forward-looking information” (collectively “forward -looking information”) as those terms are
used in the Private Securities Litigation Reform Act of 1995 a nd similar Canadian laws. These
statements relate to future events or future performance. The use of any of the words “could”,
“intend”, “expect”, “believe”, “will”, “projected”, “estimated”, “anticipates” and similar
expressions and statements relating to matters that are not historical facts are intended to
identify forward -looking information and are based on the Company’s current belief or
assumptions as to the outcome and timing of such future events. Actual future results may differ
materially. In par ticular, this release contains forward -looking information relating to the
business of the Company. The forward -looking information contained in this release is made as
of the date hereof and the Company is not obligated to update or revise any forward -looking
information, whether as a result of new information, future events or otherwise, except as
required by applicable securities laws. Certain statements contained in this release may
constitute “forward –looking statements” or “forward -looking information ” (collectively
“forward-looking information”) as those terms are used in the Private Securities Litigation
Reform Act of 1995 and similar Canadian laws. These statements relate to future events or future
performance. The use of any of the words “could”, “ intend”, “expect”, “believe”, “will”,
“projected”, “estimated”, “anticipates” and similar expressions and statements relating to
matters that are not historical facts are intended to identify forward-looking information and are
based on the Company’s curre nt belief or assumptions as to the outcome and timing of such
future events. Actual future results may differ materially. In particular, this release contains
forward-looking information relating to the business of the Company. The forward -looking
information contained in this release is made as of the date hereof and the Company is not
obligated to update or revise any forward -looking information, whether as a result of new
information, future events or otherwise, except as required by applicable securities laws.