Signal Gold Inc. announced that it has received CAD 10.452602 million in funding
On November 6, 2024, Signal Gold Inc. closed the transaction. The company issued 120,075,840 subscription receipts at a price of CAD 0.08705 per Signal Subscription Receipt for gross proceeds of up to CAD 10,452,601.872. The company received CAD 953,454.996 pursuant to Regulation D in the transaction from 5 investors.
On December 11, 2024, the company announced it has exercised the overallotment option of 3,044,228 subscription receipts at a price of CAD 0.08705 per Subscription Receipt, for gross proceeds of CAD 265,000.05.