Fairchild Gold Raises CAD 725,200 in Private Placement
Bitget2026/10/28 22:01- Fairchild Gold closed a non-brokered private placement on October 27, 2026, raising gross proceeds of CAD 725,200.
- The financing comprised 12,086,666 units priced at CAD 0.06 each.
- Each unit includes one common share and one warrant exercisable for another share at CAD 0.10 for 60 months from issuance.
- Net proceeds will primarily fund the Golden Arrow Property and general working capital.
- An insider indirectly subscribed for 3,000,000 units. The offering remains subject to final TSX Venture Exchange approval.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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