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Gold Mountain Announces $5 0 Million Brokered Private Placement

Gold Mountain Announces $5.0 Million Brokered Private Placement Not for distribution to U.S. newswire services or for dissemination to the United StatesGold Mountain Mining Corp. is pleased to announce that it has entered into an engagement letter with Canaccord Genuity Corp. and Gravitas Securities Inc. in connection with a private placement of up to 5,155,000 units of the Company at a price of $0.97 per Unit for gross proceeds to the Company of $5,000,350 . Each Unit consists … Not for distribution to U.S. newswire services or for dissemination to the United States Gold Mountain Mining Corp. (“Gold Mountain” or the “Company”) (TSXV:GMTN)(Frankfurt:5XFA) is pleased to announce that it has entered into an engagement letter with Canaccord Genuity Corp. and Gravitas Securities Inc. (collectively the “Agents”) in connection with a private placement of up to 5,155,000 units of the Company (the “Units”) at a price of $0.97 per Unit (the “Issue Price”) for gross pr

Gold Mountain Mining Announces $5 0 Million Brokered Private Placement

VANCOUVER, BC, Feb. 1, 2021 /CNW/ - Gold Mountain Mining Corp. ( Gold Mountain or the Company ) (TSXV: GMTN), (Frankfurt: 5XFA) is pleased to announce that it has entered into an engagement letter with Canaccord Genuity Corp. and Gravitas Securities Inc. (collectively the Agents ) in connection with a private placement of up to 5,155,000 units of the Company (the Units ) at a price of $0.97 per Unit (the Issue Price ) for gross proceeds to the Company of $5,000,350 (the Offering ). Each Unit consists of one common share of Gold Mountain ( Common Shares ) and one-half of one Common Share purchase warrant (each whole warrant, a Warrant ).  Each Warrant will be exercisable to acquire one Common Share at a price of $1.25 for 36 months from the closing date of the Offering.

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