Stakeholder Gold Corp. Announces Financing
TSX VENTURE: SRC
Toronto, Ontario--(Newsfile Corp. - April 27, 2018) - Stakeholder Gold Corp. (TSXV: SRC) ("Stakeholder Gold" or the "Company") would like to announce terms for a non-brokered financing of up to 4 million units ("Units"). Each Unit will consist of one common share ("Common Share") priced at 25 cents and one-half of one warrant ("Warrant") to purchase one Common Share priced at 50 cents. Each whole Warrant entitles the holder to purchase one additional Common Share for two years from the closing of the private placement.
The Company would like to amend the timeframe of the private placement to closing on or before May 25th, 2018. Approval is subject to acceptance by the TSX Venture Exchange.
Proceeds will be used for drilling to target depth on the Goldstorm Property in Nevada.
For further information please contact:
Stakeholder Gold Corporation
416 525 - 6869
Forward Looking Information
This news release contains forward-looking information. All information, other than information of historical fact, constitute "forward-looking statements" and includes any information that addresses activities, events or developments that the Corporation believes, expects or anticipates will or may occur in the future including the Corporation's strategy, plans or future financial or operating performance.
When used in this news release, the words "estimate", "project", "anticipate", "expect", "intend", "believe", "hope", "may" and similar expressions, as well as "will", "shall" and other indications of future tense, are intended to identify forward-looking information. The forward-looking information is based on current expectations and applies only as of the date on which they were made. The factors that could cause actual results to differ materially from those indicated in such forward-looking information include, but are not limited to, the ability of the Corporation to fund the exploration expenditures required under the Agreement. Other factors such as uncertainties regarding government regulations could also affect the results. Other risks may be set out in the Corporation's annual financial statements, MD&A and other publicly filed documents.
The Corporation cautions that there can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, investors should not place undue reliance on forward-looking information. Except as required by law, the Corporation does not assume any obligation to release publicly any revisions to forward-looking information contained in this press release to reflect events or circumstances after the date hereof.
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.