Sylla Gold Announces Non-Brokered Private Placement of Units for up to $2,300,000

Core Viewpoint - Sylla Gold Corp. plans to raise up to $2,300,000 through a non-brokered private placement, issuing up to 46,000,000 units at a price of $0.05 per unit, aimed at advancing its Niaouleni Gold Project and for general corporate purposes [1][3]. Group 1: Offering Details - The offering consists of units, each comprising one common share and one warrant, allowing the purchase of an additional common share at $0.05 for two years [2]. - The net proceeds will support the renewal of the flagship Deguefarakole licence and facilitate option agreements on three additional licences within the Niaouleni land package [3]. Group 2: Financial Arrangements - The company may pay eligible finders a cash commission of 7% of the gross proceeds and issue finder's warrants equal to 7% of the units sold [4]. - Closing of the offering is contingent upon receiving necessary corporate and regulatory approvals, including from the TSXV [5]. Group 3: Regulatory Compliance - All securities issued will be subject to a hold period of four months plus a day from the issuance date, adhering to applicable securities legislation [5].