Lahontan Gold Corp. announced that it has received CAD 3.45 million in funding
On April 30, 2024, Lahontan Gold Corp. closed the transaction. The company has issued 57,500,000 units of at a price of CAD 0.06 per unit for aggregate gross proceeds of up to CAD 3,450,000 in the transaction. The company paid a cash commission in the amount of CAD 215,915 and a corporate finance fee in the amount of CAD 5,800 and issued 3,695,586 non-transferrable compensation options and corporate finance fee options. Each compensation option is exercisable to acquire one common share at the issue price until April 30, 2027. The company has received ($231,345) CAD 318,000 from 2 investors pursuant to exemption provided under Regulation D. The company has paid cash commission ($8,403) CAD 11,550.51546391753 to Haywood Securities Inc.
The TSX Venture Exchange has accepted for filing documentation with respect to a brokered private placement. The transaction included participation from 91 placees and 8 pro groups for 5,424,167 units.