Big Gold Announces Non-Brokered Private Placement
Summary
Each Warrant will entitle the holder to purchase one Common Share (a Warrant Share) for a period of eighteen (18) months from the date of issuance at an exercise price of $0.05 per Warrant Share.The Company intends to use the gross proceeds raised for general working capital and administrative purposes.In accordance with applicable Canadian securities laws, all Units issued pursuant to the private placement will be legended with a hold period of four months and one day from the date of issuance.The Company may pay finders fees comprised of cash and non-transferable warrants in connection with both Offerings, subject to compliance with the policies of the CSE.The Offering is scheduled to close on or about March 31, 2025 (the Closing Date), unless otherwise disclosed by the Company.Big Gold Inc. is a junior mining exploration company. Its initial focus is to conduct Exploration Programs on the Martin Kenty and Tabor projects located in Ontario. Big Gold will also continue to consider other opportunities as they arise, with the objective of acquiring and exploring early-stage base and precious metal projects. Learn more about the Company on its website: https://biggold.ca/.For more information, please contact investor relations at [email protected].On Behalf of the Board of Directors,Neither the Canadian Securities Exchange nor its regulation services provider has reviewed or accepted responsibility for the adequacy or accuracy of this press release.This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of the Company. Forward-looking information is based on certain key expectations and assumptions made by the management of the Company.