Reunion Gold Corporation (TSXV: RGD) has closed a “bought deal” private placement and a non-brokered private placement for a total of $36,828,570.
The $30.7 million “bought deal” private placement was underwritten by Sprott Capital Partners LP and Paradigm Capital Inc., as co-lead underwriters, on behalf of a syndicate of underwriters comprised of Cormark Securities Inc., iA Private Wealth Inc. and Dundee Goodman Merchant Partners, a division of Goodman & Company, Investment Counsel Inc.
The non-brokered private placement raised $6.1 million,
The net proceeds derived from the Offering will be used for exploration expenditures, primarily on the company’s Oko West project in Guyana, as well as for general corporate and working capital purposes.
Reunion Gold Corporation is a leading gold explorer in the Guiana Shield, South America, with a portfolio of projects in Guyana, Suriname and French Guiana.
In 2021 the company made an exciting new gold discovery at its Oko West project in Guyana, where to date it has outlined continuous gold mineralisation at the Kairuni zone over 2,500 m of strike and to a depth of 575 m.
For further information please visit: https://www.reuniongold.com/
