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USAGold's News & Views letter for January notes a good year for the monetary metal
3:16p ET Sunday, January 5, 2020
Dear Friend of GATA and Gold:
USAGold's News & Views letter for January, posted today, notes that gold did well in 2019, nearly equaling the performance of the Dow Jones Industrial Average, and market analysts increasingly are recommending that investors take a position in the monetary metal. The January edition of News & Views is posted here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
Northstar Gold Closes Initial Public Offering
and Lists on Canadian Securities Exchange
Wednesday, December 31, 2019
NEW LISKEARD, Ontario, Canada -- Northstar Gold Corp. (CSE: NSG) announces that it has completed its initial public offering of 9,985,498 common shares at the price of C$0.30 per common share for gross proceeds of C$2,995,649. The corporation will be listed as a natural resource company on the Canadian Securities Exchange (CSE) and the common shares are expected to commence trading on January 2, 2020 under the trading symbol NSG.
Haywood Securities Inc. and Canaccord Genuity Corp. acted as co-lead agents and joint bookrunners under the offering. For their services, the co-lead agents received a cash commission equal to 10% of the gross proceeds of the offering and 998,549 common shares reserved for issuance upon exercise of the common share purchase warrants granted to the co-lead agents upon completion of the offering. The agents' warrants are exercisable at a price of $0.30 per common share within two years.
The corporation intends to use the net proceeds from the offering to complete Phase I of the work program recommended in the technical report dated December 10, 2018, entitled "Independent Technical Report on the Miller Gold Project, Kirkland Lake, Ontario." ...
... For the remainder of the announcement:
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