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Client Work

Resource Capital Gold closes non-brokered private placement in two tranches for gross proceeds of US$5 million

Fasken
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Client

Resource Capital Gold Corp.

On October 6, Resource Capital Gold Corp., (Resource Capital Gold) TSXV: RCG completed the first tranche of a non-brokered equity private placement of 2,000,000 units of Resource Capital Gold at a price of $0.20 per unit for gross proceeds of $400,000. On October 14, Resource Capital Gold completed the second tranche of the non-brokered equity private placement, which consisted of 23,0000,000 units at a price of $0.20 per unit for gross proceeds of $4,6000,000. The private placement resulted in $5,000,000 in aggregate gross proceeds for Resource Capital Gold. Fasken Martineau advised Resource Capital Gold with a team that included Paul Fornazzari, Myroslav Chwaluk, and Ryan Schnier.

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