Enforcer Gold announces non-brokered private placement

V.VEIN, Enforcer Gold

Enforcer Gold Corp., (TSX VENTURE:V.VEIN) today announced its intent to complete a non-brokered private placement financing (the “Offering”) for gross proceeds of up to $2 million.

Pursuant to the Offering, the Company expects to issue up to 4,000,000 flow-through shares (“Flow-Through Shares”) at a price of $0.25 per Flow Through Share for gross proceeds of up to $1,000,000, as well as, 5,000,000 units (“Units”) at a price of $0.20 per Unit for gross proceeds of up to $1,000,000. The proceeds from the sale of Flow-Through Shares will be used for Canadian Exploration Expenses (within the meaning of the Income Tax Act (Canada)) and will be renounced for the current taxation year. Osisko Mining Inc. (TSX: OSK) will be participating as a subscriber to this Offering.read more

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