Highlights
- Closing the fully subscribed brokered offering for C$8 million of gross proceeds
- Conditional listing approval received from TSXV Listing Committee
- TSXV trading under “RUA” to commence on or about July 29, 2024, subject to satisfaction of customary conditions
VANCOUVER, BC, July 25, 2024 /CNW/ – Rua Gold Inc. (CSE: RUA) (OTCQB: NZAUF) (WKN: A4010V) (“RUA GOLD” or the “Company“) is pleased to announce that it has closed its previously announced “best efforts” public offering consisting of 44,445,000 common shares in the capital of the Company (each, a “Common Share“) at a price of C$0.18 per Common Share for aggregate gross proceeds of C$8,000,100 (the “Offering“). The Company intends to use the net proceeds from the Offering for continuing the exploration program on its Reefton Project, and for general working capital and general corporate purposes.
The Offering was completed pursuant to an agency agreement (the…
