U.S. Gold Corp. Announces $40 Million Equity Sales Agreement with Cantor Fitzgerald

Reuters
Jun 09
U.S. <a href="https://laohu8.com/S/GDCWF">Gold Corp.</a> Announces $40 Million Equity Sales Agreement with Cantor Fitzgerald

U.S. Gold Corp. has announced the entry into a Controlled Equity Offering Sales Agreement with Cantor Fitzgerald & Co. This agreement allows the company to sell shares of its common stock, valued at $0.001 per share, through Cantor acting as the sales agent. The sales can be conducted on the Nasdaq Capital Market or any other permissible market, with the potential to raise up to $40 million in aggregate sales proceeds. The company retains control over the parameters of these sales, including the timing, number of shares, and minimum price. Cantor will receive a commission of up to 3.0% of the gross sales price per share.

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