| | Published : February 17th, 2018 | Predator Completes $8.38 Million Financing |
|
Article
|
Comments
|
Comment this article
|
Rating
|
♥
Follow Company
|
|
|
Golden Predator Completes $8.38 Million Financing
February 13, 2018
THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT AUTHORIZED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.
Vancouver, BC, February 13, 2018: Golden Predator Mining Corp. (TSX.V: GPY; OTCQX: NTGSF) (the �Company� or �Golden Predator�) is pleased to announce that it has completed its previously announced overnight marketed offering, including a partial exercise of the underwriter�s over-allotment option (the �Offering�). A total of 9,212,378 flow-through units (the �Flow-Through Units�) at a price of $0.91 per Flow-Through Unit were sold for aggregate gross proceeds of $8,383,264. Each Flow-Through Unit consists of one Class A common share (a �Common Share�) and one-half of one (non-flow-through) Common Share purchase warrant, exercisable at $1.00 per Common Share. The Flow-Through Units were issued on a �flow-through� basis for purposes of the Income Tax Act (Canada). The Offering was completed pursuant to an underwriting agreement dated January 23, 2018, as amended, among Clarus Securities Inc. as underwriter (the �Underwriter�) and the Company. The Company paid a 7.0% commission and also issued 460,618 share purchase warrants. The Underwriter�s warrants are exercisable into Common Shares at a price of $0.91 per Common Share, for a period of two years from the closing date.
The proceeds raised from the sale of the Flow-Through Units will be used by the Company to finance qualified Canadian exploration expenses, at its 3 Aces Project, as defined in the Income Tax Act (Canada).
Golden Predator Mining Corp.
Golden Predator Mining Corp. is a gold exploration company focused on advancing key projects with significant exploration upside, good infrastructure and community support. The 3 Aces Project is a district-scale opportunity in the southeast Yukon with an orogenic gold target consisting of 1,734 claims covering 357 km2 (35,700 ha). Exploration has focused on the 13.5 km2 Central Core Area, a broad gold-in-soil anomaly, where numerous orogenic gold-bearing quartz veins have been discovered. The Company is now developing strategies to establish continuity between the Central Core Area and other mineralized zones along the 40km strike of the 3 Aces property. The Company also holds 100% of the advanced Brewery Creek Project in Yukon, Canada, a past-producing brownfields project with a 43-101 compliant resource.
For additional information: Janet Lee-Sheriff Chief Executive Officer (604) 260-0289 info@goldenpredator.com www.goldenpredator.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
This news release contains certain forward-looking information and forward-looking statements within the meaning of applicable securities legislation (collectively �forward-looking statements�). The use of any of the words �will� and similar expressions are intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Such forward-looking statements should not be unduly relied upon. This news release contains forward-looking statements and assumptions pertaining to the use of proceeds from the Offering. Actual results achieved may vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors. The Company believes the expectations reflected in those forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct.
This message was sent by Golden Predator Mining Corp.
Contact us at: Suite 250 � 200 Burrard Street Vancouver, BC V6C 3L6 (604) 260-0289 Info@goldenpredator.com
Follow us on Social Media: facebook | youtube | instagram | twitter |
|
Data and Statistics for these countries : Canada | All Gold and Silver Prices for these countries : Canada | All
|
Golden Predator.
|
|
PRODUCER |
CODE : GPY.V |
ISIN : CA38116P1053 |
|
| |
ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Golden Predator. is a gold development stage company based in Canada. Golden Predator. develops gold and silver in USA, and holds various exploration projects in Canada. Its main asset in production is BALD MOUNTAIN in USA, its main asset in development is TAYLOR MINE in USA and its main exploration properties are BREWERY CREEK, CLEAR CREEK, LANTERN DEPOSIT, ST. ELMO, BUENA VISTA/FRENCH BOY, CEDAR (NEVADA), BOND, OGOPOGO, DEL, AGATE, MEL, DAD, LED, CHOPIN, MCCONNEL, DOME HILL, GOLD (SCHEELITE) DOME, HARLAN, PHOENIX JV, ANTIMONY MOUNTAIN, WINDFALL LAKE, ALBERTA SUN, TUSCARORA, AFGAN, GREW CREEK, ADELAIDE, WILLOUGHBY, ALKALIC, ANGEL'S CAMP, GOLDEN RIDGE ( NEVADA), PAN, TONKIN PROJECT, SONORA GULCH, MARG, BRUIN CREEK and BROWNS CREEK in Canada and GUIJOSO and MAGISTRAL I in Mexico. Golden Predator. is listed in Canada. Its market capitalisation is CA$ 14.7 millions as of today (US$ 11.6 millions, € 9.8 millions). Its stock quote reached its highest recent level on November 19, 2010 at CA$ 9.80, and its lowest recent point on April 25, 2014 at CA$ 0.03. Golden Predator. has 91 570 000 shares outstanding. |
Corporate Presentations of Golden Predator. |
In the News and Medias of Golden Predator. |
Annual reports of Golden Predator. |
Financings of Golden Predator. |
Nominations of Golden Predator. |
Project news of Golden Predator. |
8/18/2016 | (3ace Property)Predator Pours First Gold from Bulk Sample |
8/15/2016 | (3ace Property)Predator Discovers Coarse Visible Gold in New Vein at 3 Aces... |
9/27/2012 | (Brewery Creek)arranges USD $35,000,000 Loan Facility with RK Mine Finance;... |
7/16/2012 | (Brewery Creek)and Tr'ondek Hwech'in First Nation Update Brewery Creek Proj... |
7/10/2012 | (Brewery Creek)Drilling extends Brewery Creek\222s Bohemian Zone... |
3/5/2012 | (Brewery Creek)Drills Third Major Brewery Creek Discovery; Classic Zone Hos... |
1/5/2012 | (Pan)continues to expand North Slope Zone at its Brewery Creek Pr... |
12/5/2011 | (Pan)Calculates NPV of Royalty Interest in Pan Project at USD $32... |
9/1/2011 | Acquires Livingstone District; Now Controls Largest Land Pos... |
8/11/2011 | (Brewery Creek)Continues Easterly Extension of Bohemian-Schooner Zone at Br... |
8/11/2011 | (Brewery Creek)Continues Easterly Extension of Bohemian-Schooner Zone at
... |
7/26/2011 | (Harlan)Commences Drill Program on its Enticing Harlan Project in
... |
7/18/2011 | (Brewery Creek)Investigates Gold Recovery from Existing Heap Leach Pad at
... |
7/5/2011 | (Grew Creek)drills 92.0 m of 2.02 g/t Gold; Commences Resource
Calcu... |
6/1/2011 | (Brewery Creek)Triples 2011 Budget, Adds Second Drill, and Plans for Third
... |
5/26/2011 | (Grew Creek)Intersects 98.3 m of 1.83 g/t Gold at Carlos Zone, Grew Cree... |
4/26/2011 | (Brewery Creek)Intersects 74 m of 7.08 g/t Gold 250m East of Bohemian Zone,... |
4/21/2011 | (Harlan)Increases Land Position in the Yukon's Selwyn Basin to 7,800... |
4/14/2011 | (Swede Dome)Stakes 4 Project Areas in Historic Yukon Placer Headwaters |
4/8/2011 | (Brewery Creek)Intercepts 28 m of 5.06 g/t Gold at Brewery Creek's Bohemian... |
3/24/2011 | (Brewery Creek)expands Bohemian Discovery with 32.9 m of 3.01 g/t Gold at
... |
2/22/2011 | (Brewery Creek)COMMENCES 2011 YUKON DRILL PROGRAM |
1/24/2011 | (Harlan)Acquires Harlan Property, Yukon |
1/6/2011 | (Mcconnel)Acquires McConnell Property, Yukon |
11/30/2010 | (Gold (scheelite) Dome)Intercepts 21.95 m of 1.00 g/t Gold from Hawthorne Ridge Zon... |
12/10/2009 | (Brewery Creek)Intersects 20.17 gpt Gold over 1.90 m and 4.72 gpt Gold over... |
11/16/2009 | (Gold (scheelite) Dome)Intersects 11.12 gpt Gold over 25.40 m including 52.35 gpt G... |
11/5/2009 | (Antimony Mountain)Intersects 12.45 gpt Gold over 4.88 m including 28.81 gpt Go... |
8/10/2009 | (Adelaide)completes Technical Report on the Adelaide Project, Nevada |
6/8/2009 | (Brewery Creek)GOLDEN PREDATOR ACQUIRES BREWERY CREEK PROJECT, YT |
2/11/2009 | (High Grade Gp) Reports on Initial Exploration at High Grade Project |
|
Corporate news of Golden Predator. |
8/2/2016 | Golden Predator Increases Previously Announced Offering to C... |
7/26/2016 | Golden Predator Closes C$16.36 Million Financing; Includes C... |
7/13/2016 | Golden Predator Commences Geotechnical and Metallurgical Dri... |
7/6/2016 | Golden Predator Increases Previously Announced Offering to C... |
6/27/2016 | Golden Predator and Tr’ondëk Hwëch’in Amend Brewery Creek Pr... |
6/27/2016 | Golden Predator Announces $7,300,000 Investment By Eric Spro... |
6/20/2016 | Golden Predator Intersects 11.43m of 31.82 g/t Gold at 3 Ace... |
6/16/2016 | Golden Predator Retires 10,312,154 Common Shares |
6/13/2016 | Tony Lesiak Appointed to Golden Predator’s Board of Director... |
6/10/2016 | Golden Predator Exercises Option to Acquire Shares |
6/8/2016 | Till Capital Receives $1,546,823 CDN From Sale of Golden Pre... |
6/7/2016 | McEwen Mining’s Stefan Spears Appointed to Golden Predator’s... |
6/6/2016 | Golden Predator Reports Initial Gold Gravity Recoveries of 8... |
1/25/2016 | Golden Predator Recovers 79.9 to 90.8% Gold from 3 Aces Prel... |
1/4/2016 | Golden Predator Announces TSXV Approval of Castle West Prope... |
10/6/2015 | Golden Predator Chairman Increases Holdings |
10/2/2015 | Golden Predator Announces Stock Option Grant |
9/30/2015 | Golden Predator Arranges CDN $300,000 Line of Credit |
9/30/2015 | Golden Predator Arranges CDN$300,000 Line of Credit |
9/14/2015 | Golden Predator Confirms Continuity of High Grade Gold from ... |
9/14/2015 | IIROC Trading Resumption - GPY |
9/14/2015 | IIROC Trading Halt - GPY |
9/11/2015 | Golden Predator announces re-election of board at Annual Gen... |
9/3/2015 | Golden Predator Announces Board and Management Appointments;... |
9/3/2015 | IIROC Trading Resumption - GPY |
9/2/2015 | Golden Predator Announces Board and Management Appointments;... |
9/2/2015 | Till Capital Announces Board and Executive Changes |
8/24/2015 | Till Capital Reports on Golden Predator Annual General Meeti... |
8/21/2015 | IIROC Trading Halt - GPY |
7/30/2015 | Golden Predator Adopts Advance Notice Policy |
7/16/2015 | Golden Predator Announces Convertible Debenture Financing |
6/22/2015 | Golden Predator Receives 3 Aces Permit |
4/21/2015 | Golden Predator Completes First Note Payable Payment |
3/30/2015 | Golden Predator Announces Joint Venture and Option Agreement... |
3/16/2015 | Golden Predator Announces Joint Venture and Option Agreement... |
12/2/2014 | Metallurgical Tests Indicate 93.5% to 98.3% Overall Gold Rec... |
11/20/2014 | Golden Predator Files Preliminary Economic Assessment Result... |
11/12/2014 | Golden Predator Announces Positive Preliminary Economic Asse... |
10/22/2014 | Golden Predator Appoints Janet Lee-Sheriff as Chief Executiv... |
9/4/2014 | Gravity Tests Indicate 87% to 96% Gold Recovery at Golden Pr... |
8/25/2014 | Golden Predator Leases the Castle West Property, Nevada |
8/5/2014 | Preliminary Economic Assessment on Brewery Creek Project, Yu... |
7/15/2014 | Golden Predator Commences Preliminary Metallurgical Characte... |
7/10/2014 | Golden Predator Announces Former Yukon Premier Dennis Fentie... |
2/21/2013 | to start trading as Americas Bullion Royalty Corp. (TSX:AMB)... |
2/19/2013 | and Tr\222ondek Hwech\222in ... |
2/19/2013 | and Tr'ondek Hwech'in Disagree with YESAB |
2/7/2013 | Approves Creation of Shareholder Rights Plan, Finalizes Name... |
1/30/2013 | Silver Predator and Redtail Metals Sign Exploration Agreemen... |
1/24/2013 | (Rogue)Discovers High-grade Gold Mineralization on Rogue B Property... |
1/18/2013 | Announces Name Change to Gold Bullion Royalty Corp. |
1/8/2013 | Tr'ondek Hwech'in and Golden Predator Continue to Work Toget... |
1/8/2013 | Tr'ondëk Hwëch'in and Golden Predator Continue to Work Toget... |
11/5/2012 | (Brewery Creek)- Classic Zone Drilling Intersects 41.2 m of 1.04 g/t
Go... |
10/12/2012 | William Sheriff, Chairman & CEO, Interviewed on BNN's Commod... |
10/11/2012 | (Alkalic)Announces New Brewery Creek Discovery; Open-Ended Lone Star ... |
10/11/2012 | (Alkalic)Announces New Brewery Creek Discovery: Open-Ended Lone Star
... |
10/4/2012 | (Brewery Creek)Lower Fosters Zone Drilling Intersects 29.0 m of 1.86 g/t Go... |
7/19/2012 | New Mineralization Encountered at Moosehead Pit, Brewery Cre... |
7/16/2012 | and Tr\222ond\353k Hw\353ch\222in ... |
6/28/2012 | JOINT NEWS RELEASE: Golden Predator Corp. and Seabridge Gold... |
6/7/2012 | Joint News Release: Golden Predator Corp. and Seabridge Gold... |
5/1/2012 | Announces Resource Estimate at Brewery Creek Project of 580,... |
3/22/2012 | (Brewery Creek)Sleeman Zone Drilling Intersects 40.9 m of 1.81 g/t Gold and... |
3/15/2012 | (Brewery Creek)Bohemian-Schooner Zone Drilling Intersects 24.0 m of 1.47 g/... |
2/23/2012 | (Grew Creek)Intersects 68 m of 5.96 g/t Gold at Carlos Zone, Grew Creek ... |
2/22/2012 | (Brewery Creek)East Big Rock Zone Drilling Intersects 15.2 m of 1.93 g/t Go... |
1/20/2012 | Upcoming Events |
1/12/2012 | (Brewery Creek)intersects 30.5 m of 1.97 g/t Gold at its Brewery Creek Proj... |
1/10/2012 | (Harlan)announces New Gold Discovery at Cache Creek (Harlan) Project... |
1/9/2012 | (Brewery Creek)Encounters 35.1 m of 1.63 g/t Gold and 136.72 g/t Silver at ... |
9/12/2011 | 100%\240OF\240EXPIRING\240WAR... |
8/29/2011 | (Pan)Brewery Creek\222s Expanding Sle... |
8/5/2011 | and Ross River Dena Council Sign Traditional Knowledge
P... |
6/30/2011 | (Pan)Continues to Expand Brewery Creek's Bohemian-Schooner Zone |
6/21/2011 | (Grew Creek)Intersects 46.7m of 3.78 g/t Gold at Carlos Zone, Grew Creek... |
3/17/2011 | RECEIVES 5,000,000 SHARES OF SILVER PREDATOR CORP. |
9/29/2009 | Provides Update on Yukon Projects |
7/28/2009 | Drilling Commences at Gold Dome Project, Yukon Territory |
3/7/2009 | Completes Spin-Out |
3/5/2009 | Announces Voting Results of Special Meeting |
3/3/2009 | Timing of Shareholders Meeting To be Held On March 4, 2009 |
2/26/2009 | to Retire Convertible Debentures of Subsidiary |
2/13/2009 | Confirms Date of Shareholder Meeting |
|
|