Winston Gold Closes $1,222,500 Private Placement
ACCESSWIRE
WINNIPEG, MB / ACCESSWIRE / July 5, 2021 /
Winston Gold Corp. (
Corporation )
Private Placement ) consisting of 16,300,000 units (the
Units ) at a purchase price of $0.075 per Unit to raise gross proceeds of $1,222,500.
Each Unit consists of one common share (a
Share ) in the share capital of the Corporation and one share purchase warrant (a
Warrant ). Each full Warrant will entitle the holder to purchase one additional Share in the share capital of the Corporation for a period of 5 years, at an exercise price of $0.12 per Share.
All securities issued in connection with the Private Placement are subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation.
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