Agoracom: Small Cap Investment - GoldON Resources - GoldON Arranges Non-Brokered Private Placement Financing

Welcome to the GoldON Resources Hub On AGORACOM

GLD’s claims adjoin Trelawney-IAMGOLD’s multi-million ounce Cote Gold Project

Dear Agoracom Family,

I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.

As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.

To this end:

1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.

2.Additionally we will also be implementing a couple of design improvements to "tighten up" the look and feel of the forums.

Have a great Sunday, especially those of you like me that are celebrating Orthodox Easter ... As well as those of you who are also like me and mourning another Maple Leafs Game 7 exit ... Ugggh!

Sincerely,

George et al

Reply New Message

Back To Forum List View

RockLicker

Rank: President [?]

Points: 101894 [?]

Votes: 328 Score: 3.9 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

GoldON Arranges Non-Brokered Private Placement Financing

posted on Sep 18, 2020 06:17PM

2020-09-18 05:23:18 PM ET (ACCESSWIRE)

VICTORIA, BC / ACCESSWIRE / September 18, 2020 / GoldON Resources Ltd. (TSXV:GLD) ("GoldON" or the "Company") has arranged a non-brokered private placement of 1,000,000 common share units at a price of $0.50 per unit with qualified investors to raise $500,000 in gross proceeds. Each unit will consist of one common share and one non-transferable share purchase warrant. Each warrant will entitle the holder to purchase one additional common share of the Company at a price of $0.75 per share for a period of two years from the closing date.

Completion of this financing is subject to TSX Venture Exchange acceptance. The Company may pay a finder's fee of up to 6% cash and 6% agent's warrants on subscription proceeds. All securities issued pursuant to this offering will have a hold period expiring four months after the closing date.

The net proceeds of this financing will be used to fund work on the Company's exploration properties in the Red Lake Gold Camp and for general working capital purposes.

About GoldON Resources Ltd.

GoldON is an exploration company focused on discovery-stage properties located in the prolific gold mining belts of northwestern Ontario, Canada. Our current project portfolio includes four properties in the Red Lake Mining Division (West Madsen, Pipestone Bay, McDonough and Bruce Lake) and a fifth property in the Patricia Mining Division (Slate Falls). If you are an investor looking for exposure to the rising gold price, then GoldON is an explorer worthy of a closer look: tight share structure with a $9 million market cap, discovery-stage projects all in good standing, experienced management and advisors, and no debt with capital devoted to exploration not excessive salaries.

For additional information: please visit our website at https://goldonresources.com, you can download our latest presentation by clicking here and you can follow us on Twitter at https://twitter.com/GoldONResources.

ON BEHALF OF THE BOARD

Signed "Michael Romanik"

Michael Romanik, PresidentDirect line: (204) 724-0613Email: [email protected]

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: GoldON Resources Ltd.

Reply New Message

Back To Forum List View

Please to post a reply