Signal Gold amends $7M private placement
Signal Gold (TSX:SGNL:CA) (OTCQX:SGNLF) said Monday it is amending the terms of its non-brokered private placement announced on May 4.
The $7 million offering will consist of 10 million units at $0.30 apiece, up to 6.1 million flow-through units at $0.32 apiece, and up to 5.7 million premium flow-through units at $0.36 apiece.
The offering is expected to close in tranches, with the first tranche to close this week and the second tranche to occur on or around June 9.