C2C Gold Announces Private Placement of $750,000
Vancouver, British Columbia - TheNewswire - December 5, 2023 - C2C Gold Corp. (CSE:CTOC) (the “Company” or “C2C”) announces a proposed non-brokered private placement of units at a price of $0.04 per Unit for proceeds of up to $750,000. Each unit will consist of one common share and one-half of one share purchase warrant. Each whole warrant is exercisable into one common share at a price of $0.06 per common share for a period of two years. The Company may conduct a second tranche.
The proceeds of the private placement will be used to fund exploration expenditures on the Company’s mineral exploration project and G&A expenses. The Company may pay finders’ fees in connection with all or part of the offering. The private placement is subject to the rules of the Canadian Securities Exchange (CSE), and the Company will issue a further news release upon completion of the offering.
C2C is a Canadian mineral exploration company which holds a portfolio of gold, copper and uranium projects in Canada’s Newfoundland & Labrador and the Yukon.
Chris Huggins, Chief Executive Officer
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward Looking Statements
This news release may include forward-looking statements that are subject to risks and uncertainties and can be identified by the use of forward-looking terminology such as “expected”, “will be”, “anticipated”, “may” or variations of such words and phrases or statements that certain actions, events or results “will” occur. All statements within, other than statements of historical fact, are to be considered forward looking. Forward looking statements in this news release include but are not limited to: the structure of the Option; the exercise of the Option; and the completion of the Joint Venture. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, continued availability of capital and financing, and general economic, market or business conditions. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.