Resource Capital Gold Corp. (TSXV:RCG) announced a non-brokered private placement of units at CAD 0.09 per unit and flow-through unit at CAD 0.10 per unit for gross proceeds of CAD 5,000,000 on February 13, 2018. Each unit consists of one common share and one half of one common share purchase warrant. Each flow-through unit will be issued on a flow-through basis and consist of one common share and one half of one common share purchase warrant. Each warrant entitles the holder to purchase one common share of the company at CAD 0.12 per share for a period of two years from closing. Finder’s fees may be payable on all or a portion of the gross proceeds, and will consist of a cash fee of up to 6.0% of the gross proceeds received from the sale of the common shares and flow- through shares and that number of non-transferrable share purchase warrants equal to 6.0% of the common shares and flow- through shares placed by the finder. The transaction will close in multiple tranches, with a final closing date no later than March 9, 2018 and will be subject to the completion of formal documentation, receipt of all necessary regulatory approvals, including the approval of the TSX Venture Exchange, and other customary conditions. All of the securities sold pursuant to the transaction will be subject to a four month hold period from the date of closing.