Browsing Tag
Northumberland Gold Project
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StrikePoint Gold (TSXV: SKP) closes C$2m as US$70m Newmont deal nears
StrikePoint Gold Inc. has completed a C$2 million non-brokered placement ahead of its proposed US$70 million acquisition of the Northumberland Gold Project from Newmont subsidiaries, while a planned C$160 million bought deal and 10-for-one share consolidation could completely reshape the junior miner’s capital structure.
StrikePoint Gold (TSXV: SKP) upsizes raise to C$160m for US$70m Newmont gold deal
The bought deal has grown from C$140 million to C$160 million and could reach C$190 million, funding a US$70 million upfront purchase of a Nevada project carrying 4.43 million indicated and inferred gold-equivalent ounces.