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    FAIR   CA30371L1013

FAIRCHILD GOLD CORP.

(FAIR)
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Fairchild Gold Corp to Seek Acquisitions

11/29/2021 | 08:53am EST

Fairchild Gold Corp. (TSXV:FAIR) will look for potential acquisitions. The company announced that it has entered into an engagement letter (the 'Agreement') with Leede Jones Gable, pursuant to which the Company intends to distribute, by way of a short form prospectus, a minimum of 7,000,000 units and a maximum of 10,000,000 Units of the Company at a price of $0.20 per Unit, for minimum gross proceeds of $1,400,000 and maximum gross proceeds of $2,000,000 (the 'Maximum Offering'). The Company intends to use the proceeds received from the Offering for ongoing exploration activities, to provide general working capital and to fund expenditures in connection with potential acquisitions.


© S&P Capital IQ 2021
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Financials
Sales 2021 - - -
Net income 2021 -0,35 M -0,28 M -0,28 M
Net cash 2021 0,47 M 0,37 M 0,37 M
P/E ratio 2021 -4,83x
Yield 2021 -
Capitalization 2,26 M 1,81 M 1,79 M
EV / Sales 2020 -
EV / Sales 2021 -
Nbr of Employees -
Free-Float -
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Managers and Directors
Luis Martins President, Chief Executive Officer & Director
Mark W. Lotz Chief Financial Officer & Director
Robert Coltura Executive Vice President-Administration & Director
Victor Cantore Independent Director
Perry English Independent Director