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Press Release - MINING COM

Press Release - MINING COM
mining.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mining.com Daily Mail and Mail on Sunday newspapers.

St James Gold Corp (TSX-V: Lord) Closes Fully Subscribed $849,996 Private Placement

St. James Gold Corp. (TSX-V: LORD) (OTCQB: LRDJF) (FSE: BVU3), the Company  is pleased to announced that it has closed the previously announced non-brokered private placement and has issued 590,264 units at a price of $1.44 per unit for gross proceeds of $849,980. Each unit will comprise one common share and one common share purchase warrant, with each warrant entitling the holder to purchase one additional common share at $2.50 for a period of two years from the date of issue. In conjunction with the company s recently completed non-brokered private placement in January, 2021, financings and the exercise of warrants in the past two months have added in excess of $1.2-million to the company s treasury.

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