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GoldON Resources Ltd: GoldON Resources Corporate Update


GoldON Resources Ltd: GoldON Resources Corporate Update
Victoria, British Columbia (Newsfile Corp. - February 16, 2021) -
GoldON Resources Ltd. (TSXV: GLD) ( GoldON or the Company ) is a Canadian gold explorer focused on discovery through the exploration of overlooked and underexplored properties, and is pleased to provide an overview of the Company.
Capital Structure:
GoldON has no debt other than current trade payables and has raised approximately $2,856,000 over the last five months at an average price of $0.73 per share, with the latest financing closed with Mr. Eric Sprott. Share capitalization includes 22,318,292 common shares issued, 4,882,633 common share purchase warrants exercisable at an average price of $0.77, 2,616,000 incentive stock options exercisable at an average price of $0.41, and 29,816,925 common shares outstanding on a fully diluted basis assuming all warrants and options are exercised. Insider ownership is approximately fifteen percent of ....

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GoldON Resources Corporate Update


Five discovery-stage gold projects in Northwestern Ontario and fully funded to complete current exploration plans
Five discovery-stage gold projects in Northwestern Ontario and fully funded to complete current exploration plans.
GoldON Resources Ltd. (TSXV: GLD) (“GoldON” or the “Company”) is a Canadian gold explorer focused on discovery through the exploration of overlooked and underexplored properties, and is pleased to provide an overview of the Company.
Capital Structure:
GoldON has no debt other than current trade payables and has raised approximately $2,856,000 over the last five months at an average price of $0.73 per share, with the latest financing closed with Mr. Eric Sprott. Share capitalization includes 22,318,292 common shares issued, 4,882,633 common share purchase warrants exercisable at an average price of $0.77, 2,616,000 incentive stock options exercisable at an average price of $0.41, and 29,816,925 common shares outstanding on a fully di ....

Flat Lake , Red Lake , Great Bear , British Columbia , Bruce Lake , Mike Romanik , Michael Romanik , Mike Kilbourne , Prospectair Geosurveys , Eric Sprott , National Instrument , Red Lake Mining Division West Madsen , Goldon Resources Ltd , Patricia Mining Division Slate Falls , Northwestern Ontario , Geographic Focus , West Madsen , Pipestone Bay , Red Lake Mining District , Slate Falls , Patricia Mining District , Pure Gold Red Lake Mine , Pure Gold , Balmer Assemblage , Red Lake Gold Camp , Great Bear Resources ,