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Stock impact report

West Red Lake Gold Closes US$22,340,000 of Gold Linked Notes Offering [Financial Post (Toronto, Ontario, Canada)]

Raymond James Financial, Inc. (RJF) 
Last raymond james financial, inc. earnings: 4/29 04:35 pm Check Earnings Report
US:NYSE Investor Relations: raymondjames.com/investor-relations
Company Research Source: Financial Post
VANCOUVER, British Columbia, March 20, 2024 (GLOBE NEWSWIRE) — West Red Lake Gold Mines Ltd. (“West Red Lake Gold” or “WRLG” or the “Company”) (TSXV: WRLG) (OTCQB: WRLGF) , is pleased to announce that further to its news releases of February 27, 2024 and March 1, 2024, the Company has closed US$22,340,000 of its gold linked notes offering (the “ Offering ”). Article content The Company issued 22,340 units (the “ Units ”), at a price of US$1,000 per Unit (the “ Offering Price ”) for gross proceeds of US$22,340,000. Each Unit contains gold-linked notes in the aggregate principal amount of US$1,000 (the “ Notes ”) and 710 common share purchase warrants (the “ Warrants ”). Each whole Warrant entitles the holder to purchase one common share of the Company at an exercise price of C$0.95 per share until March 19, 2029. Article content Up to an additional 4,826 Units for gross process of up to US$4,826,000, having the same terms as the Units issued under the Offering, are expected to Show less Read more
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