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    HWY   CA4312481035

HIGHWAY 50 GOLD CORP.

(HWY)
Delayed Bourse de Toronto  -  11:49 2022-07-04 am EDT
0.1800 CAD    0.00%
05/30Highway 50 Gold Corp. Reports Earnings Results for the First Quarter Ended March 31, 2022
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03/04Highway 50 Gold Corp. Reports Earnings Results for the Full Year Ended December 31, 2021
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03/04Highway 50 Gold Corp. Auditor Raises 'Going Concern' Doubt
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Highway 50 Gold Corp. announced that it has received CAD 0.925693 million in funding

07/29/2021 EDT

On July 29, 2021, Highway 50 Gold Corp. closed the transaction. The company issued 2,644,836 units at a purchase price of CAD 0.35 per unit for gross proceeds of CAD 925,692.60. The transaction included participation from 32 placees including Gordon Leask, the president, chief executive officer and a director of the company, pursuant to the terms of a subscription agreement, subscribed to 142,850 units for total consideration of CAD 49,997.50 thereby increasing its stake from approximately 15% of the issued and outstanding common shares on an undiluted basis and immediately following the closing of the transaction, Gordon Leask approximately a 14.39% interest in the company on an undiluted basis and approximately a 16.12% stake on a partially diluted basis, Megan Cameron-Jones for 85,715 units and 2 pro group participation for 200,000 units. Each warrant entitles the holder to purchase an additional common share at an exercise price of CAD 0.45 cents until July 29, 2023. The securities issued will be subject to a four-month hold period expiring on November 30, 2021. The offering is subject to the final acceptance of the TSX Venture Exchange. In connection with the offering, certain arm's-length finders were paid cash finders' fees totaling CAD 39,489.03 and were issued an aggregate of 112,825 finders' warrants having the same terms as the warrants to Echelon, Haywood, and Research Capital. The TSX Venture Exchange has accepted for filing documentation with respect to the transaction.


© S&P Capital IQ 2021
All news about HIGHWAY 50 GOLD CORP.
05/30Highway 50 Gold Corp. Reports Earnings Results for the First Quarter Ended March 31, 20..
CI
03/04Highway 50 Gold Corp. Reports Earnings Results for the Full Year Ended December 31, 202..
CI
03/04Highway 50 Gold Corp. Auditor Raises 'Going Concern' Doubt
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2021Highway 50 Gold Corp. Reports Earnings Results for the Third Quarter and Nine Months En..
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2021Highway 50 Gold Corp. Reports Earnings Results for the Second Quarter Ended June 30, 20..
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2021HIGHWAY 50 GOLD : Completes Private Placement
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2021Highway 50 Gold Corp. announced that it has received CAD 0.925693 million in funding
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2021HIGHWAY 50 GOLD : Upsizes Previously Announced Private Placement
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2021HIGHWAY 50 GOLD : Announces $900K Private Placement
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2021Highway 50 Gold Corp. announced that it expects to receive CAD 0.9 million in funding
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More news
Financials
Sales 2021 - - -
Net income 2021 -0,80 M -0,62 M -0,62 M
Net cash 2021 0,24 M 0,18 M 0,18 M
P/E ratio 2021 -9,17x
Yield 2021 -
Capitalization 7,49 M 5,73 M 5,73 M
EV / Sales 2020 -
EV / Sales 2021 -
Nbr of Employees -
Free-Float 71,8%
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Managers and Directors
Gordon P. Leask President, Chief Executive Officer & Director
Scott C. Davis Chief Financial Officer
Peter Krag-Hansen Independent Non-Executive Director
Paul Allen Stuart Reynolds Independent Director
Megan McCormick Cameron-Jones Secretary & Director
Sector and Competitors