Pacton Gold closes private placement

June 4, 2018

On May 9, 2018, Pacton Gold Inc. (TSXV: PAC) (OTC: PACXF) announced that it had closed its previously announced brokered private placement of units for gross proceeds of $5,550,500. Sprott Capital Partners acted as lead agent on behalf of a syndicate of agents including Red Cloud Klondike Strike Inc.

Net proceeds of the private placement will be used for exploration work to be conducted on the company’s properties in Canada and Australia and for general working capital.

Kevin Sorochan and Aman Dhesi of Miller Thomson advised Pacton Gold with respect to this transaction.