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Nuclear Vision Limited — Capital/Financing Update 2022
Nov 3, 2022
48373_rns_2022-11-03_f392229a-a8d1-4b96-9384-b05898d2190d.PDF
Capital/Financing Update
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GOLD DIGGER RESOURCES INC. CLOSES INITIAL PUBLIC OFFERING AND LISTS ON THE CSE
Vancouver, British Columbia, November 2, 2022 – Gold Digger Resources Inc. (the " Company " or " Gold Digger ") is pleased to announce that it has closed its initial public offering (the “ Offering ”) of an aggregate of 3,000,000 common shares of the Company (the " Common Shares ") at a price of $0.25 per Common Share (the “ Offering Price ”) for aggregate gross proceeds of approximately $750,000.
Pursuant to an agency agreement dated August 9, 2022, Leede Jones Gable Inc. (the “ Agent ”) acted as agent on a commercially reasonable efforts basis in respect of the Offering and received a cash commission in the amount of $67,500 and a corporate finance fee in consideration for its services. In addition, the Company issued to the Agent and certain of its sub-agents an aggregate of 270,000 non-transferable agent’s options to purchase Common Shares (the " Agent’s Options "). Each Agent’s Option is exercisable until November 2, 2024 at an exercise price of $0.25 per Common Share.
Proceeds of the Offering will be applied to finance the Company’s exploration work and for working capital purposes.
Gold Digger is also pleased to announce that it has received approval of its application to list its Common Shares on the Canadian Securities Exchange (the “ Exchange ”). The Company’s Common Shares were listed on the Exchange on November 1, 2022 and immediately halted pending closing of the Offering. The Common Shares are expected to commence trading on the Exchange on or about November 3, 2022 under the trading symbol “GDIG”.
Additional information on the Company and the Offering can be found in the Company’s final prospectus dated August 9, 2022 as filed on SEDAR at www.sedar.com.
About Gold Digger Resources Inc.
Gold Digger Resources Inc. is an early-stage mineral resource exploration company. The Company’s material property is the Regnault Project, consisting of 71 contiguous mineral claims covering an area of approximately 3,678 Ha located north-northeast of Chibougamau in the Province of Québec.
Contact Information
Gold Digger Resources Inc. Allan Bezanson, Chief Executive Officer and President Email: [email protected] Telephone: (416) 427-4505
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
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This press release includes "forward-looking information" that is subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Company. Statements regarding trading of the Common Shares on the Exchange are subject to all of the risks and uncertainties normally incident to such events. Investors are cautioned that any such statements are not guarantees of future events and that actual events or developments may differ materially from those projected in the forward-looking statements. Such forward-looking statements represent management's best judgment based on information currently available.