September 23, 2024 5:01 PM EDT | Source: Alma Gold Inc.
Vancouver, British Columbia–(Newsfile Corp. – September 23, 2024) – Alma Gold Inc. (CSE: ALMA) (“Alma Gold” or the “Company“) announced the successful completion of its non-brokered private placement. The Company issued 3,750,000 units (“Units”) at a price of $0.08 per Unit, generating gross proceeds of $300,000 towards general working capital purposes. Each Unit includes one common share and one transferable common share purchase warrant entitling the holder to acquire an additional Share at $0.10 for the next three years.
Insider Participation
It is worth noting that one insider participated in the Private Placement by subscribing for 625,000 units. This insider’s involvement constitutes a “related-party transaction” as per Multilateral Instrument 61-101, and the Company has taken necessary steps to adhere to regulatory requirements in this regard.
No finder’s fees were paid, and all securities issued are subject to a hold period of four months and one day, expiring on January 21, 2025.
Additional Insight:
Insider participation in private placements can signify confidence in the company’s growth prospects and can be seen as a positive indicator for other potential investors. It shows that individuals closely involved with the company believe in its potential for success.
About Alma Gold Inc.
Alma Gold Inc. is a gold-focused exploration company with operations in various regions including Bedford, Nova Scotia, Guinea, and Canada. Its subsidiaries are actively engaged in exploring and developing potential mining projects in these areas.
For more information on Alma Gold Inc., please visit their website at: https://almagoldinc.com.
On Behalf of the Board of Directors
“Gregory Isenor”
The CSE has neither approved nor disapproved the contents of this news release. Neither the CSE nor its Market Regulator accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Information
The news release contains forward-looking information, presenting potential future events and outcomes. The Company acknowledges the inherent risks and uncertainties associated with such projections and advises caution when interpreting these statements.
To view the source version of this press release, please visit
September 23, 2024 5:01 PM EDT | Source: Alma Gold Inc.
Vancouver, British Columbia–(Newsfile Corp. – September 23, 2024) – Alma Gold Inc. (CSE: ALMA) (“Alma Gold” or the “Company“) announced the successful completion of its non-brokered private placement. The Company issued 3,750,000 units (“Units”) at a price of $0.08 per Unit, generating gross proceeds of $300,000 towards general working capital purposes. Each Unit includes one common share and one transferable common share purchase warrant entitling the holder to acquire an additional Share at $0.10 for the next three years.
Insider Participation
It is worth noting that one insider participated in the Private Placement by subscribing for 625,000 units. This insider’s involvement constitutes a “related-party transaction” as per Multilateral Instrument 61-101, and the Company has taken necessary steps to adhere to regulatory requirements in this regard.
No finder’s fees were paid, and all securities issued are subject to a hold period of four months and one day, expiring on January 21, 2025.
Additional Insight:
Insider participation in private placements can signify confidence in the company’s growth prospects and can be seen as a positive indicator for other potential investors. It shows that individuals closely involved with the company believe in its potential for success.
About Alma Gold Inc.
Alma Gold Inc. is a gold-focused exploration company with operations in various regions including Bedford, Nova Scotia, Guinea, and Canada. Its subsidiaries are actively engaged in exploring and developing potential mining projects in these areas.
For more information on Alma Gold Inc., please visit their website at: https://almagoldinc.com.
On Behalf of the Board of Directors
“Gregory Isenor”
The CSE has neither approved nor disapproved the contents of this news release. Neither the CSE nor its Market Regulator accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Information
The news release contains forward-looking information, presenting potential future events and outcomes. The Company acknowledges the inherent risks and uncertainties associated with such projections and advises caution when interpreting these statements.
To view the source version of this press release, please visit
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