Transactions

Transactions

Overview

St. James Gold Corp. Completes $5 Million Private Placement

June 30, 2021

St. James Gold Corp. (the “Company”), a Canada based mineral exploration company with options to acquire up to an 85% interest in the Florin Gold Project in the Yukon Territory and a 100% interest in certain properties in Newfoundland including in the Gander Gold District, completed brokered private placement of 1,241,251 units of the Company (each, a “Unit”) at a price of $3.00 per Unit and 355,465 flow-through units of the Company (each, a “FT Unit”) at a price of $3.60 per FT Unit for aggregate gross proceeds to the Company of approximately $5 million (the “Offering”).

Canaccord Genuity Corp. (“Canaccord”) acted as sole lead agent of the Offering.

Wildeboer Dellelce LLP acted for Canaccord in connection with the Offering with a team comprised of Sanjeev Patel, Niall Sweeney, Nathan Holloway and Himani Trivedi (corporate/securities) and Katy Pitch and Marija Tasevska (tax).