St. James Gold Corp. (TSXV: LORD) (the “Company”) is pleased to announce that it will conduct a non-brokered private placement of up to 2,000,000 units (“Units”) at a price of $0.12 per Unit for gross proceeds of up to $240,000 (the “Offering”).
Each Unit will be comprised of one common share and one common share purchase warrant (“Warrant”), with each Warrant entitling the holder to purchase one additional common share at $0.12 per share for a period of one (1) year from the date of issue.
All securities issued in connection with the Offering will be subject to a four–month statutory hold period. The Company may pay a finder’s fee may in cash and or share purchase warrants in accordance with the rules of the TSX Venture Exchange.
The Company is reviewing a number of potential mineral property acquisitions in North America. The proceeds of the Offering will used to conduct due diligence of potential acquisitions.
Completion of the private placement remains subject to the approval of the TSX Venture Exchange.
St. James Gold Corp. Is Pleased To Announce Updated Resource On The Florin Gold Project, Yukon, With An Inferred Resource Of 2,474,000 oz Of Gold
St. James Gold Corp. (TSXV: LORD)(OTCQB: LRDJF)(FSE: BVU3) (the "Company" or "St. James Gold") is pleased to announce that it has received a technical report prepared in accordance with National Instrument 43-101 entitled Florin Gold Project NI 43-101 Technical Report, Mayo and Dawson Mining Districts, Yukon Territory, by Ronald G Simpson, P.Geo. of GeoSim Services Inc., dated April 6, 2021 (the "Technical Report")...
St. James Gold Corp. Announces 100% Option Interest on Florin Gold Project, Yukon, Covering 22,000 Acres With Inferred Resource of 1,950,000 Oz of gold
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