GT Gold closes $3.2M non-brokered private placement

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By CPE News

Vancouver (pcJ News Briefs) – GT Gold Corp. (TSX-V: GTT) has closed previously announced non-brokered private placement of 2,712,000 common shares at $0.32 per share, and 5,167,750 flow-through (FT) common shares at $0.45 per FT share for gross proceeds of $3,193,328

Net proceeds will be used for exploration of the company’s Saddle Gold prospect, and for general working capital purposes.

GT Gold Corp. is a new company focused on exploring for gold in the geologically fertile terrain of British Columbia’s Golden Triangle. The company’s flagship asset is the wholly-owned Tatogga property, located off highway 37 in northern B.C., upon which we have developed, from grass-roots exploration in the period since 2011, the Saddle gold prospect.

photo credit: GT Gold Corp.