Reunion Gold Corporation (TSX-V: RGD) is planning to complete a non-brokered private placement financing of up to 50,000,000 units of its securities at a price of $0.10 per unit.
Each unit will contain a common share of reunion and 1 common share purchase warrant. Each warrant will enable the holder to subscribe for 1 common share at $0.20 for a 24 month period from the date of closing.
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The warrants will be subject to terms of accelerated expiration where the common shares trade on the TSX Venture Exchange at a closing price above $0.30 for 20 straight days at any time following 9 months from closing.
Reunion Gold Corporation (Reunion Gold) is in the business of acquiring and exploring mineral properties. The Company’s focus is on gold projects in the Guiana Shield region of
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