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Gold79 Mines Ltd.: Gold79 Announces Closing of Oversubscribed Private Placement Financing Raising $2.2 Million


Gold79 Mines Ltd.: Gold79 Announces Closing of Oversubscribed Private Placement Financing Raising $2.2 Million
Ottawa, Ontario (Newsfile Corp. - April 12, 2021) - Gold79 Mines Ltd. (TSXV: AUU) ( Gold79 or the Company ) announces that it has closed its non-brokered private placement financing raising gross proceeds of $2,210,000 with the issuance of a total of 27,625,000 units at $0.08 per unit (the Offering ). Each unit consists of one common share of the Company and one common share purchase warrant. A total of 27,625,000 warrants were issued entitling the holders to purchase one common share of the Company at a price of $0.12 per share until April 9, 2023.
Mr. Gary Thompson, Executive Chairman and current CEO stated, ....

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