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Posted by
Two Blokes Jun 25 -
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Stock
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Calgary, Alberta--(Newsfile Corp. - June 25, 2025) - Cassiar Gold Corp. (TSXV: GLDC) (OTCQX: CGLCF) ("Cassiar Gold" or the "Company") is pleased to announced that it has entered into an agreement with Red Cloud Securities Inc. (the "Agent") to act as sole agent and bookrunner in connection with a "best efforts" private placement (the "Marketed Offering") for the sale of (i) a combination of up to 11,111,111 flow-through units (each, a "Regular FT Unit") or flow-though units to be sold to charitable purchasers (each, a "Charity FT Unit", and together with the Regular FT Units, the "FT Units") at a price of C$0.36 per FT Unit (the "FT Price") for aggregate gross proceeds of up to C$4,000,000 and (ii) up to 4,000,000 in units of the Company (each a, "Units") for aggregate gross proceeds of up to C$1,000,000. The Marketed Offering replaces and terminates the non-brokered private placement previously announced by the Company on June 20, 2025.
