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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (81044)	5/12/2020 6:11:33 PM
From: Goose94	Read Replies (1) \| Respond to of 202700

Golden Goliath Resources (GNG-V) PP To Be Increased Again May 12, '20 - NR Due to overwhelming demand, Golden Goliath Resources Ltd.'s current non-brokered private placement will be increased again from a maximum of $450,000 to up to $500,000. The original offerring of up to six million units at a price of five cents per unit for gross proceeds of up to $300,000 will be increased to up to nine million units. Each unit will consist of one common share and one share purchase warrant. Each warrant will entitle the holder to purchase an additional common share at a price of 10 cents for a period of 12 months from the date of closing of the private placement. This private placement is being offered on a non-brokered basis and the units will be subject to a statutory hold period of four months and a day from the closing date of the offering. The company may pay a cash finder's fee up to 5 per cent of the gross proceeds of the private placement. The offering remains subject to regulatory approval. The company intends to use the net proceeds of the offering to continue exploration work on its Kwai property in the Red Lake mining district and for general working capital. About Golden Goliath Golden Goliath Resources Ltd. is a junior exploration company listed on the TSX Venture Exchange (symbol GNG). The Company is focused on exploring and developing the gold and silver potential of properties in the Red Lake District of Ontario. The Company also holds a 100% interest in the San Timoteo property, located in the Sierra Madre Occidental Mountains of northwestern Mexico, as well as NSR royalties on several other nearby properties, and 100% of the La Cruz property, also in Chihuahua. To find out more about Golden Goliath visit our website at www.goldengoliath.com. FOR MORE INFORMATION CONTACT: Golden Goliath Resources Ltd. J. Paul Sorbara, M.Sc., P.Geo President & CEO Phone: +1(604) 682-2950 Email: jps@goldengoliath.com