G2 Goldfields Announces Upsize of Fully Subscribed Private Placement Financing to $14.4 Million

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Last update: Jun 29, 2022

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TORONTO, June 29, 2022 (GLOBE NEWSWIRE) -- G2 Goldfields Inc. (“G2” or the “Company”) (TSXV:GTWO; OTCQX:GUYGF) announces that it has increased the size of its previously announced private placement from $10,200,000 to $14,400,000 due to strong demand from institutional shareholders. The other terms of the offering remain unchanged (see press release dated June 22, 2022). G2 now proposes to complete a non-brokered private placement (the “Offering”) of 24,000,000 common shares of the Company (the “Shares”) at a price of $0.60 per Share, for gross proceeds of $14,400,000.