Avidian Gold Corp.: Avidian Gold Announces Non-Brokered Private Placement
TORONTO, ON / ACCESSWIRE / April 26, 2021 / Avidian Gold Corp. (
Avidian or the
Units ) at $0.15 per Unit for gross proceeds of up to $6,000,000 (the
Offering ). Each Unit will consist of one common share of the Company (a
Common Share ) and one-half of one Common Share purchase warrant (a
Warrant ). Each full Warrant will entitle the holder to acquire a Common Share at $0.20 per Common Share for twenty-four (24) months following the issuance of Warrants.
The net proceeds from the Offering shall be primarily used for the development of Avidian s advanced-stage gold & gold-copper mineral properties in Alaska and Nevada and for general and administrative expenses. Avidian reserves the right to up-size the offering by 25%. The Offering is expected to close on or about May 21, 2021.
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