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Green River Gold Corp. Announces Closing of Private Placements of Units Consisting of Flow-Through Shares and Warrants and Units Consisting of Common Shares and Warrants

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Green River Gold Corp. Announces Closing of Private Placements of Units Consisting of Flow-Through Shares and Warrants and Units Consisting of Common Shares and Warrants

Executive Summary

Green River Gold Corp. has successfully closed a previously announced non-brokered private placement financing structure consisting of two distinct unit types: flow-through units and common share units, both including warrant components. The financing was initially announced on November 6, 2023, and has now reached completion as of December 30, 2023.

The private placement structure utilized flow-through shares, which provide tax benefits to Canadian investors while allowing the company to raise funds specifically for exploration activities. The inclusion of warrants in both unit types provides additional potential future funding if exercised, while offering investors upside participation in the company's performance.

This financing completion provides Green River Gold with capital to advance its gold exploration activities. The successful closing of the private placement demonstrates investor confidence in the company's projects and management team, while the flow-through component ensures funds are directed toward exploration work that qualifies for tax benefits.

The completion of this financing positions Green River Gold to execute on its exploration plans and advance its gold projects. The warrant component of the units may provide additional future funding opportunities if market conditions and company performance warrant their exercise by investors.
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