Golden Goose arranges $750,000 private placement

Executive Summary

• Golden Goose Resources Corp. intends to proceed with a non-brokered private placement to raise gross proceeds of up to $750,000.
• The offering consists of two types of units: hard-dollar units and flow-through units, with specific pricing and warrant structures for each.
• Proceeds are designated for phase 1 exploration at the La Esperanza project, general working capital, and Canadian exploration expenses on Quebec projects.

Key Details

• Total Gross Proceeds: Up to $750,000.
• Hard-Dollar (HD) Units:
  • Quantity: Up to 4,000,000 units.
  • Price: 12.5 cents per HD unit.
  • Composition: One common share and one common share purchase warrant.
  • Warrant Terms: Exercisable to acquire one common share at an exercise price of 25 cents; exercisable for 24 months following the closing date.
• Flow-Through (FT) Units:
  • Quantity: Up to 1,666,667 units.
  • Price: 15 cents per FT unit.
  • Composition: One common share issued on a flow-through basis pursuant to the Income Tax Act (Canada) and one-half of one common share purchase warrant.
  • Warrant Terms: Each whole FT warrant is exercisable to acquire one common share at an exercise price of 25 cents; exercisable for 12 months following the closing date.
• Use of Proceeds:
  • HD Units: Financing phase 1 exploration program on the La Esperanza project and general working capital.
  • FT Shares: Incurring Canadian exploration expenses that are flow-through mining expenditures on the company's Quebec projects.
• Hold Period: All securities issued are subject to a four-month-and-one-day hold period in Canada.
• Conditions: Completion is subject to necessary approvals, including approval from the Canadian Securities Exchange (CSE).
• Finder's Fees: May be paid to qualified finders in compliance with CSE policies and applicable securities laws, potentially including cash fees and/or compensation securities.

Notable Quotes

• None provided in the text.