Core Viewpoint - Gold Terra Resource Corp. has announced a successful non-brokered private placement that has exceeded initial expectations, indicating strong investor interest and confidence in the company [1] Summary by Category Private Placement Details - The private placement has received over 40% investor demand and will be oversubscribed by 10%, resulting in total gross proceeds of C$7,000,000 [1] - The company will issue a total of 55 million common shares instead of the initially planned 50 million shares [1] Share Issuance Breakdown - The issuance includes 15 million common shares at an issue price of C$0.10 per share, generating gross proceeds of C$1,500,000 [1] - Additionally, 35 million charitable flow-through common shares will be issued at C$0.14 per share, raising gross proceeds of C$4,900,000 [1] - The company will also issue 5 million flow-through common shares at C$0.12 per share, contributing gross proceeds of C$600,000 [1]
Gold Terra is Upsizing Its Private Placement from C$6.3 Million to C$7.0 Million
Accessnewswire·2025-11-17 14:37