Kestrel Gold Inc. Announces Proposed Private Placement
CALGARY, AB / ACCESSWIRE / April 6, 2021 / Kestrel Gold Inc. (the
Corporation ) (TSXV:KGC) announces that it proposes to offer by way of a non-brokered private placement a combination of Common Share Units and Flow-Through Units, as defined below, to raise gross proceeds of up to $750,000 (the
Offering ):
common share units (
Common Share Units ) will be issued at a price of $0.10 per Common Share Unit. Each Common Share Unit will consist of one common share and one-half of one common share purchase warrant (each whole warrant called a
Warrant ), with each Warrant entitling the holder to acquire, for a period of 24 months from the date of issue at a price of $0.20 per common share for the first 18 months and at a price of $0.25 per common share thereafter; and
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