{"id":1148892,"date":"2019-11-08T14:25:26","date_gmt":"2019-11-08T20:25:26","guid":{"rendered":"https:\/\/www.mining.com\/?p=1006409"},"modified":"2019-11-08T14:25:26","modified_gmt":"2019-11-08T20:25:26","slug":"highgold-announces-c9-3m-financing-with-sprott","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1148892","title":{"rendered":"HighGold announces C$9.3m financing with Sprott"},"content":{"rendered":"<p>HighGold Mining (TSXV: HIGH)&nbsp;announced Friday it <a href=\"https:\/\/www.highgoldmining.com\/news\/2019\/highgold-announces-9.3-million-bought-deal-private-placement\/\">has entered into an agreement<\/a> with Sprott Capital Partners LP, under which a syndicate of underwriters led by Sprott will purchase, for their own account or arrange for substituted purchasers to on a bought-deal private placement basis, C$9.3 million of securities of the company.<\/p>\n<div class='d-flex justify-content-center'>\n<div id='div-gpt-ad-1561499308230-0'><script>googletag.cmd.push(function() {googletag.display('div-gpt-ad-1561499308230-0');});<\/script><\/div>\n<\/div>\n<p>The financing comprises 1.28 million flow-through common shares at C$1.80 each (total C$2.3 million) and 5.6 million common shares at C$1.25 per share (total C7.0 million). Additionally, the underwriters will be granted an option to increase the size of financing by up to an additional 20% of the number of offered securities.<\/p>\n<p>HighGold intends to use the net proceeds from the common share offering for ongoing exploration and development work on its properties. <\/p>\n<p>The Vancouver-based gold miner is currently focused on the advanced-stage Johnson Tract polymetallic project located near tidewater in south-central Alaska, as well as the Munro-Croesus, Golden Mile and Golden Perimeter projects&nbsp;in Ontario.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>HighGold intends to use the net proceeds from the common share offering for ongoing exploration and development work on its properties.<\/p>\n","protected":false},"author":88,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[369,4],"tags":[],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1148892"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/88"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1148892"}],"version-history":[{"count":3,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1148892\/revisions"}],"predecessor-version":[{"id":1148924,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1148892\/revisions\/1148924"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1148892"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1148892"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1148892"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}