Cassiar Gold Launches Million-Dollar Private Placement

Cassiar Gold (TSE:GLDC) has released an update.

Cassiar Gold Corp. has announced a private placement offering aimed at raising C$1 million through the sale of flow-through units and charitable flow-through units, with the proceeds intended for exploration expenditures at its Cassiar Gold Project in British Columbia. Investors can purchase units with attached warrants, potentially qualifying for Canadian exploration expense deductions and a British Columbia tax credit. The offering is expected to close by September 30, 2024, and includes participation by company insiders, subject to regulatory approvals.

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