Metals Update 15/03/2021

Namibia Critical 2.65-million-share private placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement as announced in news releases dated March 3, 2021, and March 8, 2021.

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Garibaldi Resources 3,388,666-unit private placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on Nov. 16, 2020.

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Evergold private placement

The TSX Venture Exchange has accepted for filing documentation with respect to a brokered private placement announced on Feb. 1, 2021.

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Bonterra increases private placement to $13-million

In connection with its previously announced best efforts private placement financing, Bonterra Resources Inc. and a syndicate of agents led by Cormark Securities Inc. have agreed to increase the size of the offering. Under the revised terms of the offering, the company has agreed to issue 9.03 million common shares of the company on a flow-through basis for gross proceeds of $13,003,200 at a price of $1.44 per FT share, and two million common shares of the company for gross proceeds of $2.1-million at a price of $1.05 per common share.

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Roscan Gold arranges overnight public offering

Roscan Gold Corp. has launched an overnight marketed public offering of common shares of the company. The offering will be conducted through a syndicate of agents led by Clarus Securities Inc.

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Erdene Resource loses $13.12-million in 2020

Erdene Resource Development Corp. has released financial results for the year ended Dec. 31, 2020, and provided an update on its Bayan Khundii gold project. This release should be read in conjunction with the company’s 2020 financial statements, and management discussion and analysis, available on the company’s website or SEDAR.

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