- Fremont Gold (TSXV:FRE:CA) has announced a non-brokered private placement of up to 10M units at a price of C$0.10/unit for gross proceeds of up to C$1M.
- Each Unit will comprise one common share of the Company and one half of one share purchase warrant.
- Each whole share purchase warrant will entitle the holder to purchase one share at a purchase price of $0.17 for a period of 18 months following the close of the Placement.
- Net proceeds of the Placement will be used to advance exploration at the Company’s Vardenis and Urasar Projects in Armenia, evaluation of other mineral opportunities and for general working capital purposes.
2024-07-05