Vancouver, April 9, 2021 - David H. Brett, President & CEO, Engold Mines Ltd., (TSXV: EGM) ("EnGold" or the "Company") reports that the previously reported non-brokered private placement of 10,000,000 flow-through units at a price of $0.06 per unit for gross proceeds of $600,000 will now consist of 12,000,000 units at $0.05 per unit, subject to TSX Venture Exchange acceptance. The units consist of one flow-through common share and one half of one warrant, whereby each whole warrant will entitle the holder to purchase one non-flow-through common share at a price of $0.075 per share for a period of two years. The proceeds will be used to explore the Company's Lac La Hache Project in the Cariboo region of BC.
About EnGold
EnGold is a Vancouver-based copper, gold, silver, magnetite exploration company focused solely on its 100% owned Lac La Hache property in the Cariboo region of BC which hosts the Spout Copper Deposit, the Aurizon Gold Deposit and the G1 Copper Deposit and other targets within a large porphyry mineralizing system. With world class infrastructure at its doorstep, Lac La Hache is a great location to be exploring.
David Brett President & CEO For further info contact David Brett, 604-682-2421 or david@engold.ca
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Vancouver, April 9, 2021 - David H. Brett, President & CEO, Engold Mines Ltd., (TSXV: EGM) ("EnGold" or the "Company") reports that the previously reported non-brokered private placement of 10,000,000 flow-through units at a price of $0.06 per unit for gross proceeds of $600,000 will now consist of 12,000,000 units at $0.05 per unit, subject to TSX Venture Exchange acceptance. The units consist of one flow-through common share and one half of one warrant, whereby each whole warrant will entitle the holder to purchase one non-flow-through common share at a price of $0.075 per share for a period of two years. The proceeds will be used to explore the Company's Lac La Hache Project in the Cariboo region of BC.
