Toronto, Ontario–(Newsfile Corp. – February 15, 2025) – Lode Gold Resources Inc. (TSXV: LOD) (OTCQB: LODFF) (“Lode Gold ” or the “Company”) announces a non-brokered financing for $1,000,000.00.
Each $0.18 unit shall consist of one common share and one common share purchase warrant. Each warrant shall entitle the holder to purchase one common share at an exercise price of $0.35 per common share for a period of three years following the date of closing.
The proceeds raised from the offering will go toward strategic initiatives and the execution of the business plan.
The Company plans to finalize this financing on or before March 10, 2025. The Annual General Meeting (AGM) and shareholder meeting will be held on March 10, 2025 to approve the Plan of Arrangement. Lode Gold shareholders, as of a specified record date, will be eligible to receive shares of Gold Orogen while retaining…
