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Liberty Gold to raise up to C$9.5M through private placement (OTCQX:LGDTF)

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  • Liberty Gold (OTCQX:LGDTF) said it intends to conduct a non-brokered, private placement financing to raise proceeds of up to C$9.5M.
  • The offering will include the insurance of up to 27.14M units of the company at an issue price of C$0.35 per unit.
  • Each unit will have one share, and 1/2 of a common share purchase warrant.
  • Each warrant will entitle the holder to acquire one common share at C$0.45 for 24 months following completion of the offering.

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