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Whitehorse Gold Receives 5-Year Exploration Permit and Commences 18,000-metre Drill Program at Skukum Gold Project, Yukon, Canada
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Whitehorse Gold Corp : Whitehorse Gold Outlines ESG Initiatives
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Whitehorse Gold Outlines ESG Initiatives
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VANCOUVER, British Columbia, May 17, 2021 (GLOBE NEWSWIRE)
Whitehorse Gold Corp. (TSXV: WHG) (“Whitehorse Gold” or the “Company”) announces that it has closed its previously announced private placement offerings and raised aggregate gross proceeds of approximately $15.26 million.
The offerings consisted of: (i) a brokered private placement offering of units (each, a “Unit”) and flow-through units (each, a “Flow-Through Unit”) for aggregate gross proceeds of approximately $13.44 million, inclusive of a partial exercise of the overallotment option (the “Brokered Offering”); and (ii) a non-brokered offering (the “Non-Brokered Offering” and together with the Brokered Offering, the “Offerings”) of Units and Flow-Through Units for aggregate gross proceeds of approximately $1.82 million. Under the Offerings, the Company issued 6,287,300 Units and 3,646,025 Flow-Through Units.
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Announces Results of Annual General Meeting
Vancouver, British Columbia (Newsfile Corp. - May 6, 2021) - Whitehorse Gold Corp. (TSXV: WHG) ( Whitehorse Gold or the Company ), announces that, further to its news release of April 28, 2021, it has increased the size of its non-brokered private placement offering (the Non-Brokered Offering ) of units (each, a Unit ) and flow-through units (each, a Flow-Through Unit ). The Non-Brokered Offering has now increased to aggregate gross proceeds of up to C$2 million, which consist of up to 329,000 Units and 778,500 Flow-Through Units.
This upsized Non-Brokered Offering is separate and concurrent to the brokered private placement offering of Units and Flow-Though Units for aggregate gross proceeds of approximately C$12.8 million (the Brokered Offering ) currently being undertaken by BMO Capital Markets and Laurentian Bank Securities Inc. as lead agents and joint bookrunners, on behalf of a syndicate of agents. In addition, the Comp