On December 30, 2022, Green River Gold Corp. (CSE:CCR; OTC Pink:CCRRF) (“Green River”) announced the closing of its final tranche of the oversubscribed, non-brokered private placement of flow-through shares (the “Flow-Through Offering”). In total, Green River issued 6,708,300 flow-through shares (“Flow-Through Shares”) at a price of $0.08 per Flow-Through Share for gross proceeds of CAD$536,664.00. In addition, a one-half common share warrant (each such whole warrant a “2-Year Warrant”) was issued for each Flow-Through Share issued under the Flow-Through Offering. Each 2-Year Warrant will be exercisable to acquire one Warrant Share for a period of 2 years following the closing of the Flow-Through Offering at an exercise price of $0.12 per Warrant Share.
Green River also closed its non-brokered private placement offering of units (the “Unit Offering”), issuing in total 1,971,472 units (“Units”) under the Unit Offering at a price of $0.07 per Unit for gross proceeds of CAD$138,003.04. Each Unit consisted of one common share (“Share”) and one common share purchase warrant (“4-Year Warrant”). Each 4-Year Warrant will be exercisable to acquire one Share (“Warrant Share”) for a period of 4 years following the closing of the Unit Offering at an exercise price of $0.09 per Warrant Share.
Green River is a Canadian mineral exploration company focused on its wholly owned Fontaine Gold Project, Quesnel Nickel/Magnesium/Talc Project, and Kymar Silver Project which are located in renowned mining districts in British Columbia.
Miller Thomson advised Green River with a team comprised of Rhea Solis and John-David D’Souza (Capital Markets & Securities), Nathalie Marchand (Tax), as well as Omar Halbouni (Student).