Gowest Gold arranges $25 million offering for Ontario mine CanadiansInvest
-TSXV] said Thursday it has arranged a $25 million offering with investors and will use the proceeds for continued development of the Bradshaw Deposit. Bradshaw is located on Gowest’s Frankfield property, which is part of the company’s North Timmins gold project in northern Ontario.
Lush Land Investment Canada Inc. has agreed to purchase promissory notes of the company in an aggregate principal amount of $10 million. The promissory notes will be convertible into units at a conversion price of 10 cents per unit. Greenwater is an investment company with a head office located in Wan Chai, Hong Kong. It currently holds a 44.8% stake in Gowest.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China steps up gold imports in 2022: Swiss gold imports at 4-year highs, Russia gold imports rise
Read more »
London, Ont. homelessness plan to go before councillors Feb. 28 - London | Globalnews.caThe plan was teased during Mayor Josh Morgan's State of the City Address earlier this month, in which mentioned an anonymous family had donated $25 million to support it.
Read more »
Marineland registers to lobby Ontario government with goal of sellingThe park is also looking for potential financial support and tax relief for development of its operations.
Read more »
Marineland registers to lobby Ontario government with goal of sellingThe park is also looking for potential financial support and tax relief for development of its operations.
Read more »
Marineland registers to lobby Ontario government with goal of sellingThe park is also looking for potential financial support and tax relief for development of its operations.
Read more »
Inside an Ottawa eye clinic tapped to help clear Ontario's surgical backlogThe Herzig Eye Institute, one of the clinics awarded a government contract to perform cataract surgeries to help clear the surgical backlog, says it is ramping up and opening a second operating room.
Read more »