|Bid||2.1200 x N/A|
|Ask||2.1700 x N/A|
|Day's Range||2.1450 - 2.1800|
|52 Week Range||1.2000 - 3.6000|
|Beta (5Y Monthly)||1.34|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov. 27, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||1.20|
Gold X Mining Corp. (TSX-V: GLDX, OTCQX: SSPXD) (“Gold X” or the “Company”) is pleased to announce and confirm, further to the Company's news releases dated December 4, 2019 and December 30, 2019, that on December 24, 2019, it closed its non-brokered private placement offering (the "Offering") of 10% secured convertible debentures (the “Debentures”) and has received into escrow an aggregate of US$20,000,000.
Gold X Mining Corp. (TSX-V: GLDX, OTCQX: SSPXD) (“Gold X” or the “Company”) announces that the Company currently has in escrow US$20 million from the debenture offering announced on December 4, 2019, which funds are to be used to exercise the Company's option to purchase the Toroparu property (the "Option"). The Company and Mr. Alfro Alphonso (“Mr. Alphonso”) have mutually agreed to a closing date of January 30, 2020 for the exercise of the Option which will result in Gold X owning 100% of its flagship Toroparu asset. Gold X was Wheaton’s first early deposit transaction with a junior when the initial streaming contract was signed in 2013 and they have remained a strong and valuable partner since then.
Gran Colombia Gold Corp. (TSX: GCM; OTCQX: TPRFF) announced today that it has agreed to acquire US$5 million of 10% secured convertible debentures (the “Debentures”) in a non-brokered private placement offering (the “Offering”) of US$20 million principal amount of Debentures by Gold X Mining Corp. (TSXV: GLDX, formerly Sandspring Resources Ltd). The proceeds of the Offering will be used solely by Gold X Mining for exercising the option to purchase, through its wholly owned subsidiary, ETK, Inc. (“ETK”), 100% of the interest in the Toroparu Project in Guyana held by Mr. Alphonso pursuant to a joint venture agreement between Mr. Alphonso and ETK.
Gold X Mining Corp. (TSX-V: GLDX, OTCQX: SSPXD) (“Gold X” or the “Company”) announces a non-brokered private placement offering (the “Offering”) of up to US$20,000,000 principal amount, 10% secured convertible debentures due thirty-six months from the closing date of the Offering (the “Debentures”).