sur Sky Gold Corp. (CVE:SKYG)
Sky Gold Corp. Announces Flow-Through Private Placement
Sky Gold Corp. has announced a non-brokered private placement of up to 20 million flow-through shares priced at $0.035 each. This offering is expected to raise up to $700,000. The shares provide holders with tax benefits as per the Income Tax Act of Canada. The funds will be used to advance the Consolidated Shebandowan project in Northwestern Ontario.
The project's spring exploration program includes geological mapping and rock sampling focused on areas with anomalous gold grains. Trenching and diamond drilling are planned for late summer to early fall 2025. Don Hoy, a qualified person under National Instrument 43-101, has reviewed the technical information in the release.
The private placement is pending approval by the TSX Venture Exchange. Finder’s fees may apply. Forward-looking statements indicate that outcomes and company benefits are uncertain and subject to change.
R. P.
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