Round Type
Funding Round
VancouverOtherMiningPrecious MetalsMineralDescription
("Canagold" or the "Company") is pleased to announce that it has closed an oversubscribed brokered private placement (the "Offering") with Red Cloud Securities Inc. ("Red Cloud" or the "Agent"), acting as sole agent and bookrunner, for gross proceeds of CAD$5.3 million. The Offering was previously announced by Canagold in a press release dated September 24, 2021 for gross proceeds of CAD$5 million. Pursuant to the Offering, the Company issued 10.6 million "flow-through shares", within the meaning of the Income Tax Act (Canada) (the "Tax Act") (each, a "FT Share"), at a price of CAD$0.50 per FT Share.
Quick answer
Canagold Resources raised an undisclosed amount in a Funding Round round, dated October 28, 2021. Canagold Resources is based in Vancouver, British Columbia, Canada.
- How much did Canagold Resources raise?
- Canagold Resources raised an undisclosed amount in a Funding Round round on October 28, 2021.
- What does Canagold Resources do?
- Canagold Resources Inc. is a natural resource company primarily engaged in the development of mineral properties.
- Where is Canagold Resources based and how big is it?
- Canagold Resources is based in Vancouver, British Columbia, Canada. Fundz records about 8 employees.
- Who are the decision-makers at Canagold Resources?
- Fundz holds 1 contact at Canagold Resources. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Mining and Precious Metals around the same time
Companies in the same sectors as Canagold Resources that raised within 45 days of this round, from Fundz verified event records.
- Alaska Silver Corp. raised $19M on November 23, 2021.
- Alaska Silver Corp. raised $1.6M (Seed) on November 23, 2021.
- XALI GOLD CORP. raised $60K (Pre-Seed) on November 22, 2021.
- Stelmine Canada Ltd raised $28K (Pre-Seed) on November 22, 2021.
- Military Metals raised $4K (Pre-Seed) on November 10, 2021.
- i-80 Gold Corp. raised $54M on October 28, 2021.
Who to call at Canagold Resources, and when
A new round usually means Canagold Resources is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Canagold Resources raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Canagold Resources, from your own LinkedIn network
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Related People
Canagold Resources raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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