P2 Gold Upsizes and Closes First Tranche of Financings
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VANCOUVER, British Columbia, May 04, 2023 (GLOBE NEWSWIRE) — P2 Gold Inc. (“P2” or the “Company”) (TSX-V:PGLD) (OTCQB:PGLDF) reports that it intends to increase the size of its non-brokered private placement of flow-through units (the “FT Offering”) and non-flow-through units (the “NFT Offering”) (together, the FT Offering and NFT Offering are the “Private Placement”), previously announced on April 5, 2023, and that it has closed the first tranche (the “First Tranche”) of the Private Placement consisting of 6,397,000 flow-through units in the capital of the Company (the “FT Units”) at a price of $0.32 per FT Unit for gross proceeds of approximately $2.05 million and 2,826,295 non-flow-through units (the “NFT Units” and together with the FT Units, “Units”) at a price of $0.27 per NFT Unit for gross proceeds of approximately $0.76 million.
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