Mathers is in8 Jun 2020 18:16
The Board of Directors of SolGold (LSE & TSX:SOLG) is pleased to announce further to the results of the Placing, Subscriptions and Public Offer on 5 June 2020, certain institutional and private investors have irrevocably agreed to subscribe for a further 21,440,186 New Ordinary Shares at the Placing Price (the "Private Investor Shares"). Concurrently with the Private Investor Shares, Nicholas Mather through one of his associated entities, Samuel Holdings PTY LTD, has also irrevocably agreed to subscribe for 1,116,279 New Ordinary Shares at the Placing Price ("Additional Subscription Shares"). The Private Investor Shares raised gross proceeds of approximately £4.6 million (approximately US$5.8 million) and the Additional Subscription Shares raised gross proceeds of ??£0.2 million? (approximately US$0.3 million).?