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Alma Gold Closes Second and Final Tranche of Upsized Placement
TMX Newsfile· 2026-01-26 23:28
Core Viewpoint - Alma Gold Inc. has successfully closed the second and final tranche of its private placement, raising a total of $1,475,000 from both tranches [1][2]. Group 1: Private Placement Details - The second tranche of the private placement generated gross proceeds of $700,000 through the issuance of 8,750,000 units, with each unit priced at $0.08 [1][2]. - Each unit consists of one common share and one transferable common share purchase warrant, allowing the holder to acquire an additional share at $0.15 for five years [2]. - The total gross proceeds from both tranches of the private placement amounted to $1,475,000 [1]. Group 2: Use of Proceeds - Proceeds from the private placement will be allocated for general working capital purposes, including potential strategic initiatives currently under consideration [3]. Group 3: Company Overview - Alma Gold Inc. is a gold-focused exploration company based in Bedford, Nova Scotia, exploring the Karita West Project in northern Guinea and the Dialakoro project permits in the Siguiri Basin of Guinea [5].