EnviroGold Global closes first tranche of private placement, raising C$730,000.

From GlobeNewswire: 2024-06-09 18:00:00

EnviroGold Global Limited has closed the first tranche of a non-brokered private placement, raising C$730,000 by issuing 14,600,000 units at $0.05 per unit. The company plans to use the proceeds to accelerate the establishment of the NVRO Clean Leach Process demonstration facility in Brisbane, Australia, among other operating expenses. A second tranche of the financing is anticipated to close on or before July 15, 2024. In addition, the company proposes to amend the expiry date of 6,218,095 outstanding warrants to expire on October 22, 2026, maintaining the exercise price of $0.48 per warrant. The Company is a technology company focused on enabling the mining industry to monetize valuable metals from mine waste and tailings.



Read more at GlobeNewswire: REPEAT – EnviroGold Global Closes First Tranche of Private