EDMONTON, ALBERTA – Green River Gold Corp. (the “Company”) is pleased to announce the second and final closing of its recently announced equity financing (the “Offering”). Under this tranche, the Company sold 2,557,000 units (the “Units”) at a price of $0.06 per Unit for gross proceeds of $153,420. Each Unit consists of one common share of the Company (a “Common Share“) and one half of one Common Share purchase warrant (each whole Common Share purchase warrant, a “Warrant“). Each full Warrant will be exercisable to acquire one Common Share (a “Warrant Share“) for a period of 12 months following the closing of the Offering at an exercise price of $0.10 per Warrant Share.
The closing of the second tranche completes the Offering. The total amount raised under the Offering was $342,540. The Company is considering additional financings to further its business objectives and will provide updates if such additional financings materialize.
The Company intends to use the net proceeds from the Offering to consummate the transactions set out in its news release dated July 3, 2018. All securities purchased under the Offering will be subject to a four month and one day hold period.
Additional information about Green River Gold Corp. can be found by reviewing its profile on SEDAR at www.sedar.com
For more information contact:
Green River Gold Corp.
Mr. Perry Little President and Chief Executive Officer
780-993-2193
The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release.
Forward Looking Information: This release contains forward-looking information within the meaning of applicable Canadian securities legislation. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those expressed or implied by such forward-looking information. In addition, the forward-looking information contained in this release is based upon what management believes to be reasonable assumptions. Readers are cautioned not to place undue reliance on forward-looking information as it is inherently uncertain and no assurance can be given that the expectations reflected in such information will prove to be correct. The forward-looking information in this release is made as of the date hereof and, except as required under applicable securities legislation, the Company assumes no obligation to update or revise such information to reflect new events or circumstances.
The securities of the company have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This release is issued for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.