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Category Archives: Evergold Inc

Evergold Awaits Initial Assay Results from Golden Lion ‘Main’ Target Prior to Executing Previously Announced Second Tranche of Private Placement Financing

Evergold Corp. (TSX-V: EVER, OTC: EVGUF, FRA: 5EG) (“Evergold” or the “Company”). On September 22 the Company announced the closing of the first (hard dollar-focused) tranche of its previously announced (news, August 28) non-brokered private placement along with its intention to complete a second tranche targeted primarily at flow-through funds. At the same time the Company also announced its desire to await initial assays from drilling this summer at the Company’s promising GL 1 ‘Main’ target, located on the Golden Lion property in northern British Columbia, Canada, prior to completing the second tranche of the financing.
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Evergold Exceeds Targeted Hard Dollar Raise with Closing of 1st Tranche of Financing for Proceeds of $1.28 Million

Evergold Corp. (TSX-V: EVER, OTC: EVGUF, FRA: 5EG)(“Evergold” or the “Company”) is pleased to announce the Company has completed the first tranche (“First Tranche”) of its previously announced (see news, August 28) non-brokered private placement (“the Offering”), which was primarily targeted at hard dollar investors, and exceeded it’s targeted sale of hard dollar units (“Units”).
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Evergold Amends Previously Announced $3.5 Million Private Placement Financing to Enable Participation by Existing Shareholders

Evergold Corp. ("Evergold" or the "Company") (TSX-V: EVER, OTC: EVGUF, FRA: 5EG) is pleased to announce, further to shareholder inquiries, that it has amended the $3.5 million non-brokered private placement financing (the “Offering”) announced on August 26, 2020, to allow for participation by existing shareholders under the “Existing Shareholder Exemption” as described below. The Company also announces a change in price of the flow-through shares (“FT Shares”) component of the Offering to $0.60 per FT Share.
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Evergold Announces $3.5 Million Private Placement Financing

Evergold Corp. ("Evergold" or the "Company") (TSX-V: EVER) is pleased to announce a proposed non-brokered private placement financing (the “Offering”) for gross proceeds of up to $3,500,000, composed of hard dollar units (“HD Units”) at a price of $0.50 per Unit and flow-through shares (“FT Shares”) at a price of $0.70 per FT Share. Each HD Unit shall be composed of one common share in the capital of the Company (“Common Share”) and one-half of one Common Share purchase warrant (“Warrant”). Each whole Warrant shall entitle the holder to purchase one Common Share within 24 months from the date of issuance at a price of $0.60 per Common Share if exercised in the first 12 months and $0.70 per Common Share if exercised in the second 12 months. Each FT Share shall be composed of one Common Share issued on a flow-through basis within the meaning of the Income Tax Act (Canada) (the “Tax Act”).
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