Antler Gold Closes Brokered Private Placement Financing of Units
Halifax, Nova Scotia–(Newsfile Corp. – December 20, 2023) – Antler Gold Inc. (TSXV: ANTL) (“Antler” or the “Company“) has closed a brokered private placement financing raising gross proceeds of $500,000 (the “Financing“) from the sale of 10 million units of the Company (each, a “Unit“) priced at $0.05 per Unit announced on November 14, 2023. Each Unit consists of one common share of Antler (a “Common Share“) and one common share purchase warrant (a “Warrant“). Each Warrant is exercisable to purchase one Common Share at a price of $0.10 per share for a period of 36 months from the closing date of the Financing (the “Closing Date“).
Numus Capital Corp., a registered Exempt Market Dealer, acted as agent for the Financing (the “Agent“). In connection with the Financing, Antler paid cash commissions of $20,250 and issued 405,000 broker warrants to the Agent. Each broker warrant entitles the Agent to acquire one Common Share at an exercise price of $0.10 and is exercisable for a period of 36 months from the Closing Date.
