Sylla Gold Corp. Announces Closing of Private Placement and Debt Settlement
Sylla Gold Corp. (TSXV: SYG.H) (the
Company ) is pleased to announce that, further to its press release of February 19, 2021, the Company has closed a non-brokered private placement through the issuance of 10,000,000 units (each, a
Unit ) at a price of $0.10 per Unit for aggregate gross proceeds of $1,000,000 (the
Offering ). The net proceeds of the Offering will be used by the Company for working capital and the extinguishments of debts.
Each Unit is comprised of one Common Share and one-half of one Common Share purchase warrant of the Company (each whole warrant, a
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