Prosper Gold Corp. announced a financing transaction
On the same day, the company issued 2,520,000 units for gross proceeds of CAD 252,000, and 3,400,000 flow-through common shares for gross proceeds of CAD 510,000; for aggregate gross proceeds of CAD 762,000 in its first tranche. The company paid an aggregate of CAD 12,100 in cash and issued an aggregate of 84,750 common share purchase warrants to finders in connection with the closing of the first tranche. Each broker warrant is non-transferable and exercisable for one common share for a period of 36 months following closing at the exercise price. The company expects to close the second tranche of the financing during the week of November 27, 2023, for aggregate gross proceeds of up to CAD 1,000,000. The transaction included participation from new investor Carnivore Capital Corp. acquiring 1,000,000 units at a price of CAD 0.10 per unit for the gross proceeds of CAD 100,000.