St James Gold (TSE:LORD) has released an update.
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St. James Gold Corp. has decided to cancel its previously announced private placement and will instead issue units to settle outstanding debt. The units, consisting of a common share and a warrant, will be issued at a price of $0.0825 per unit, with warrants exercisable at $0.11 over two years, pending TSXV approval.
For further insights into TSE:LORD stock, check out TipRanks’ Stock Analysis page.