Pasofino Gold Limited: Pasofino Gold Announces Filing of Final Prospectus
Pasofino" or the "
Company") provides an update today that it has received a receipt for a final short form prospectus (the "
Prospectus") filed in each of the provinces of Canada, except for Québec, in connection with the previously announced marketed offering (the "
Offering") of common shares of the Company (the "
Offered Shares"). The Prospectus provides that the Company will issue and sell 128,571,500 Offered Shares for aggregate gross proceeds of $9,000,005. The Offering is being conducted on a best-efforts agency basis by Stifel GMP as sole agent and bookrunner.
The Offered Shares will also be sold to U.S. buyers on a private placement basis pursuant to an exemption from the registration requirements in Rule 144A and/or Regulation D of the United States Securities Act of 1933, as amended, and other jurisdictions outside of Canada and the United States provided that no prospectus filing or comparable obligation arises.