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Solstice Announces Closing Of Upsized $2.3M Private Placement Financing

Dec 31, 2021

Amount Raised

$2.3 Million

Round Type

Seed

VancouverHardwareMiningPrecious MetalsMineralMining Technology

Description

Solstice Gold Corp. (TSXV: SGC) (“Solstice”, “we”, “our” or the “Company”) is pleased to report it closed its previously announced private placement financing (the “Offering”) on Friday, December 31, 2021 (the “Closing Date”), for gross proceeds of approximately $2,322,181 through the issuance of 10,096,441 common shares of the Company (the “Flow-Through Shares”) qualifying as flow-through shares for purposes of the Income Tax Act (Canada) (the “ITA”) at a price of $0.23 per Flow-Through Share, representing an upsize from its previously announced $1.5M anticipated gross proceeds of the Offering.

Quick answer

Solstice Gold raised $2.3 Million in a Seed round, dated December 31, 2021. Solstice Gold is based in Vancouver, British Columbia, Canada.

How much did Solstice Gold raise?
Solstice Gold raised $2.3 Million in a Seed round on December 31, 2021.
What does Solstice Gold do?
Solstice Gold Corp. is a mineral exploration company focused on advancing gold projects in Canada.
Where is Solstice Gold based and how big is it?
Solstice Gold is based in Vancouver, British Columbia, Canada. Fundz records about 850 employees.

Source: Fundz verified event record.

Who else raised in Hardware and Mining around the same time

Companies in the same sectors as Solstice Gold that raised within 45 days of this round, from Fundz verified event records.

  • Rise Gold raised $1.1M (Seed) on February 11, 2022.
  • i-80 Gold Corp. raised an undisclosed amount (Funding Round) on December 14, 2021.
  • Canagold Resources raised $1.8M (Seed) on January 19, 2022.
  • Osino Resources Corp. raised $93K (Pre-Seed) on January 6, 2022.
  • XALI GOLD CORP. raised $150K (Pre-Seed) on January 6, 2022.
  • Canada Nickel Company raised $10M (Debt Financing) on January 5, 2022.

Who to call at Solstice Gold, and when

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Company Information

Company

Solstice Gold

Location

Vancouver, British Columbia, Canada

About

Solstice Gold Corp. is a mineral exploration company focused on advancing gold projects in Canada. The company aims to discover and develop high-grade mineral deposits in historically rich mining regions. Their projects leverage modern exploration techniques to enhance resource potential.

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