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Stock impact report

White Gold Corp. Announces Fully Subscribed C$6 Million Private Placement of Flow-Through Common Shares; Agnico Eagle and Kinross to Maintain Interest; Eric Sprott to Participate

Kinross Gold Corporation (KGC) 
Last kinross gold corporation earnings: 2/12 05:00 pm Check Earnings Report
Company Research Source: GlobeNewswire
TORONTO, May 15, 2020 (GLOBE NEWSWIRE) -- White Gold Corp. (TSX.V: WGO, OTC – Nasdaq Intl: WHGOF, FRA: 29W) (the “Company”) is pleased to announce a non-brokered private placement of 6,666,667 common shares (the “Shares”) of the Company to be issued on a flow-through basis at a price of C$0.90 per Share for gross proceeds to the Company of C$6,000,000 (the “Offering”). Participants in the Offering include Eric Sprott, certain funds managed by Sprott Asset Management LP, Pat DiCapo and David D’Onofrio. Pursuant to the Investor Rights Agreement between the Company and Agnico Eagle Mines Limited (TSX: AEM, NYSE: AEM) (“Agnico”) dated December 13, 2016, Agnico has indicated that it intends to maintain its 17.1% interest in the Company. Additionally, pursuant to the Investor Rights Agreement between the Company and Kinross Gold Corporation (TSX: K, NYSE: KGC) (“Kinross”) dated June 14, 2017, Kinross has indicated that it intends to maintain its 17.1% interest in the Company. “We are ve Show less Read more
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