Alma Gold Inc. (OTCPK:ALGL.F) announced a private placement of up to 7,500,000 common shares at a issue price of CAD 0.10 per common share for gross proceeds of up to CAD 750,000 on March 3, 2021. The company may pay cash finder's fees of 6% on certain subscriptions in the transaction. Common shares issued in the transaction will be subject to a four-month hold period under applicable securities laws in Canada. Till date, the company has 60,245,625 common shares issued and outstanding.