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    C   CA21074F1036

CONTACT GOLD CORP.

(C)
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Contact Gold Corp. announced that it expects to receive CAD 3 million in funding

10/18/2021 EST

Contact Gold Corp. announced a non-brokered private placement of up to 60,000,000 units at a price of CAD 0.05 per unit for gross proceeds of up to CAD 3,000,000 on October 18, 2021. Each Unit will consist of one common share and one half of one common share purchase warrant entitling the holder to purchase an additional common share at a price of CAD 0.075 per share for a period of 24 months from the closing date. In the event that at any time between four months and one day following the closing date and the expiry date, the common shares trade on the TSX Venture Exchange at a closing price which is equal to or greater than CAD 0.15 for a period of ten consecutive trading days, the company may accelerate the expiry date of the warrants by giving notice to the holders thereof and in such case the warrants will expire on the 30th day after the date such notice is provided. The company may pay finders' fees in cash, representing up to 6% of the proceeds in the transaction. The securities to be issued in the transaction are subject to a hold period of four months and one day from the date of closing. The transaction is subject to the approval of TSX Venture Exchange and is expected to close on or about November 17, 2021.


© S&P Capital IQ 2021
All news about CONTACT GOLD CORP.
11/25Contact Gold Completes First Tranche of Private Placement Financing
MT
11/25CONTACT GOLD : Closes First Tranche Of Private Placement Financing
PU
11/22Contact gold reports q3 2021 financial and operating results
AQ
11/19CONTACT GOLD : Reports Q3 2021 Financial and Operating Results
PU
11/19Contact Gold Corp. Reports Earnings Results for the Third Quarter and Nine Months Ended..
CI
10/18CONTACT GOLD : Announces $3 Million Non-Brokered Private Placement Financing
PU
10/18Contact Gold Corp. announced that it expects to receive CAD 3 million in funding
CI
09/16CONTACT GOLD : Drills 0.7 gt Gold over 16.7 Metres beneath the Mine Trend at the Green Spr..
AQ
09/15CONTACT GOLD : Discovers Gold Mineralization at Green Springs Project, Nevada
MT
09/15CONTACT GOLD : Drills 0.7 g/t Gold Over 16.7 Metres Beneath The Mine Trend At The Green Sp..
PU
More news
Financials
Sales 2020 - - -
Net income 2020 -17,7 M -13,9 M -13,9 M
Net cash 2020 4,90 M 3,85 M 3,85 M
P/E ratio 2020 -0,84x
Yield 2020 -
Capitalization 14,9 M 11,7 M 11,7 M
EV / Sales 2019 -
EV / Sales 2020 -
Nbr of Employees 8
Free-Float 95,4%
Chart CONTACT GOLD CORP.
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Contact Gold Corp. Technical Analysis Chart | MarketScreener
Full-screen chart
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 1
Last Close Price 0,05 CAD
Average target price 0,55 CAD
Spread / Average Target 1 000%
Managers and Directors
Matthew Lennox-King President, Chief Executive Officer & Director
John Eric Wenger Chief Financial Officer, Secretary & VP-Strategy
John Andrew Dorward Chairman
George Gregory Salamis Director
Charlie Davies Director
Sector and Competitors