September 8, 2019
Introducing FireFox & Non-Brokered Private Placement of Units
Mining Interactive Corp. (MI) has been in the Mining Business since 1980 and Promoted Companies with In-house Investor relations and now as a Consultant. During that time MI and I have seen very few of these great Finance Opportunities like this one in Firefox Gold Corp.
On Wednesday September 4, 2019 Firefox Gold announced a Non-Brokered Private Placement of Units for distribution Worldwide but, NOT in the USA. The Placement is subject to regulatory approvals.
Let me know ASAP if you are interested in partaking in this excellent Finance Opportunity?
Firefox Gold intends to raise gross proceeds of $250,000 to $1,000,000 by issuing from 1,666,667 up to 6,666,667 units of the Company at a purchase price of $0.15 per unit. Each unit will consist of one common share of the Company and one non-transferrable common share purchase warrant. Each warrant shall be exercisable into one additional common share of the Company for a period of two years from the closing of the offering at an exercise price of $0.20. Prior to this financing, FireFox has 36.9 million shares outstanding, 11.8 million warrants, and 3.5 million stock options issued.
The shares issued pursuant to the offering will be subject to a statutory hold period of four months plus one day from the date of issuance, in accordance with applicable securities legislation. Finders’ fees may be payable to qualified finders in accordance with applicable regulations. All currency figures cited in this news release are in Canadian dollars.
Please Note Below: Shares already spoken for by Lead Order and by a Firefox Director.
Also Note: We only recommend and Consult to Companies who adhere to the following three (3) important principles which are paramount to the success of any Mining Company such as FireFox Gold:
a) Professional trustworthy hands-on management; with
b) High-merit well-researched projects; and
c) Companies seriously committed to promotion in order to create market liquidity and shareholder-value.
About FireFox Gold Corp.
FireFox Gold Corp. is listed on the TSX Venture stock exchange under the ticker symbol FFOX. The Company is focused entirely on gold exploration in Finland where it is exploring its project portfolio that includes over 150,000 hectares of prospective ground.
Finland is one of the top mining investment jurisdictions in the world as indicated by its multiple top-10 rankings in recent Fraser Institute Surveys of Mining Companies. Having a strong mining law and long mining tradition, Finland remains underexplored for gold. Recent exploration results in the country have highlighted its prospectivity, and FireFox is proud to have a Finland based CEO and technical team.
MI is assisting FireFox Gold to raise its Financing.
To date a lead order has been confirmed for $200.000 from a Swiss company and $60,000 from a Director of the Company. It is expected that FireFox will close the first tranche soon.
Carl Löfberg, CEO is in North Finland in Sodankylä with the team going though the drill campaign and Utsamo program.
FireFox starts drilling on September 16th at Mustajärvi. Post Mustajärvi drilling FireFox will drill in Utsamo as well.
FireFox is close to the Aurion Resources activities. Among other projects Aurion has: 1) a Large High-Grade Footprint at Surface, at its North Lapland Greenstone Belt in Finland; 2) At Aamurusko, a boulder field discovery – 1.3 km by 1.7 km and 1210 rock samples averaging 25 g/t Au; plus 3) Aurion hosts Agnico Eagle’s Kittila Mine with +7 Moz Au and +200 Koz/yr production.
All in all, Aurion is well funded and it has extensive prospecting, mapping, trenching, drilling planned with a 10,000 m drill program underway at Aamurusko.
FireFox has eight (8) Drill Holes planned for Mustajärvi for September/October. I am currently sitting with Matthias who will be managing the drilling. We have gone through the goal for each and every hole and needless to say, I am very exited.
After the Mustajärvi FireFox will drill in Utsamo, in roughly mid October with some results out by late October or early November from Mustajärvi and results out from Utsamo in probably December 2019.
When placing any of the Non-Brokered Private Placement of Units I will be receiving 6% cash Finder’s fee + 6% Warrants.
Please let me know ASAP if you or anybody close to you is interested in participating in this excellent FireFox Gold Placemen of Units at fifteen (15) cent per Unit and I will send you the Subscription Agreement.
Dynasty Gold Latest Non-Brokered Private Placement Update
Dynasty Gold Corp. (TSXV: DYG) (FWB: D5G) (OTC: DGDCF) is getting very close to receive its the drill permit for the Thundercloud Property. The money that was raised previously was for the Thundercloud drill program and completion of a NI43-101 Report to confirm the 300,000 oz gold resource on that Property.
Dynasty Gold is a Canadian Gold Exploration Company currently focused on Gold exploration in North America. The Company is getting very close to receiving the Drill Permit for its Thundercloud Property.
The Ministry of Energy, Northern Development and Mines has sent the application to the Aboriginal communities for consultation. When granted, the exploration permit will allow the Company to conduct drilling on the Property among other activities.
The Thundercloud Property is in the central Wabigoon greenstone belt in Western Ontario, Canada forty-seven (47) kilometres southwest of Dryden.
The Thundercloud geological setting is comparable to the Abitibi belt in Eastern Ontario, Canada however, Thundercloud is much less explored. The Wabigoon belt contains numerous Gold showings, several deposits and high grade historic past producers. Regionally, exploration results indicate excellent potential to define bulk-tonnage orogenic gold mineralization as close to thirty (30) million ounces of Gold has been discovered in recent years, including several nearby large-scale mining operations.
Dynasty Gold has three (3) Projects:
1.The Thundercloud Property Situated in the Greenstone gold belt, Northwestern Ontario, Canada 100% earn-in agreement with Teck Resources Ltd., the largest base metal mining company in Canada;
2.The Golden Repeat Property Situated in the Midas gold camp, Nevada, USA 100% owned by Dynasty
3.The Hatu–Qi2 Gold Mine Situated in the TienShan gold belt, Xinjiang, China 70% owned by Dynasty Gold; 30% by a China state-owned enterprise, Xinjiang Non-Ferrous Metals Group (XNF).
During 2018, two surface programs were completed on targets in the West Contact Zone where previous trenching results returned averaging 8.02 g/t gold over 39.0 meters including impressive 89.4 g/t over 3 meters.
The surface programs in 2018 were to confirm drill targets on the West Contact and Pelham zones, verify and extend the known gold mineralization, confirm rock descriptions and to acquire additional structural data. Historical drill hole data from the Pelham Zone was verified and grade shells were modeled to identify gold mineralization geometry and plunge. Potential drill sites will be confirmed and prioritized based on an extensive review of the geophysical data, and previous and current sampling results.
The Company’s rock chip sampling program conducted in the early summer of 2018 centered on the Glatz Outcrop within the West Contact Zone. It confirmed the mineralization in the West Contact Zone and extended it for an additional 30 meters averaging 3.03 g/t gold.
The mapping and rock sampling program completed in the fall of 2018 focused on the potential trench and drill-target areas around the Glatz outcrop and extended to other parts of the Property where previous IP surveying identified high chargeability and resistivity anomalies. A total of 84 outcrop sites were examined throughout the Property. Assay results from sixty-four grab samples extended the anomalous area. Highlights of the assay results included a grab sample taken near Trench 3 in the north end of the West Contact zone from a silicified mafic volcanic that assayed 4.09 g/t gold, indicating gold potential outside of the younger Temiskaming-like sediments. The silver and telluride pathfinder elements characteristic of the Western Contact area were also elevated.
On September 3, 2019 Dynasty Gold announced that it will complete a planned a Non-Brokered Private Placement of up to 5,900,000 shares which consists of up to 3,500,000 non-flow-through shares at $0.10 per share and up to 2,400,000 flow-through shares at $0.125 per share for a total proceed of $650,000.
The proceeds of the Non-Brokered Private Placement will be used to fund exploration programs and for general corporate purposes.
Dynasty Gold total issued, and outstanding Share Capital to date consists of only 21,475,975 shares. The Company has issued no Options nor Warrants.
The minimum Subscription is $5,000.
As of today, half (1/2) of the Non-Brokered Private Placement has already been completed and I expect that Ivy Chong, CEO will raise the other half this coming week when she is in Toronto.
There only is another (1/2) to go in this Non-Brokered Placement therefore, let me know as soon as you can if you would like to take part in this excellent Placement and I will send you the Subscription Documentation.
Please Note: I will be receiving a 5% Commission on the Private Placement Sale.
Guyana Goldstrike Appoints Tookie Angus to Advisory Board
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The material in the “Trading Based on Martin Armstrong Socrates Alerts” and the “Stock and Private Placement” alert letter published by Nick L. Nicolaas is for informational purposes only and is not intended to and does not constitute the rendering of investment advice or the solicitation of an offer to buy securities. The “Trading Based on Socrates” and the “Stock and Private Placement” alert discussion contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (The Act). In particular when used in the preceding discussion the words “plan,” confident that, believe, scheduled, expect, or intend to, and similar conditional expressions are intended to identify forward-looking statements subject to the safe harbor created by the ACT. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward looking statements. Such risks and uncertainties include, but are not limited to future events and financial performance of the company which are inherently uncertain and actual events and / or results may differ materially. In addition we may review investments that are not registered in the U.S. We cannot attest to nor certify the correctness of any information in this note. NLN owns shares in B2Gold, Meadow Bay Gold Corporation, Ashanti Gold Corp; Klondike Silver Corp; Organic Garage; Northern Dynasty Mines; Exeter; Arrowstar Resources, Klondex Mines, Dynasty Gold, Blue Sky Uranium, Saville Resources, Guyana Goldstrike and CanAlaska Uranium. Please consult your financial adviser and perform your own due diligence before considering any companies mentioned in this informational bulletin.