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Nov 19, 2018

Nordic Gold Finalizes Supplemental US$7 Million in Funding

Thomas A. Fenton, Sean Mason and Melanie Cole

Nordic Gold Corp. (“Nordic”), a junior mining company with a near production gold mine in Finland, finalized all documents in relation to PFL Raahe Holdings LP (“PFL”), providing US$7 million in additional funding (the “Supplemental Tranches”) to enable Nordic to reach production at the Laiva Gold Mine.

In connection with the Supplemental Tranches, Nordic has issued 36.5 million common shares to PFL, representing 19.90% of the outstanding common shares.

Aird & Berlis represented Nordic with a team comprised of Tom Fenton, Sean Mason and Melanie Cole (Capital Markets).

 

Image: Nordic Gold

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