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White Gold Corp. Closes $5M First Tranche of Upsized Private Placement
WGOWinnebago(WGO) GlobeNewswire·2024-12-23 13:00

TORONTO, Dec. 23, 2024 (GLOBE NEWSWIRE) -- White Gold Corp. (TSX.V: WGO, OTCQX: WHGOF, FRA: 29W) (the "Company") is pleased to announce the closing of the first tranche of a non-brokered private placement for aggregate gross proceeds of approximately 5,015,000consistingofthesaleof:(i)8,063,000commonsharesinthecapitaloftheCompany(“CommonShares”)thatqualifyas“flow−throughshares”withinthemeaningoftheIncomeTaxAct(Canada)(the“TaxAct”)atapriceofC5,015,000 consisting of the sale of: (i) 8,063,000 common shares in the capital of the Company (“Common Shares”) that qualify as “flow-through shares” within the meaning of the Income Tax Act (Canada) (the “Tax Act”) at a price of C0.26 per share (each an “FT ...