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Reunion Gold Corp(RGD-X)
TSX Venture

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Reunion Gold Announces Upsize of Bought Deal Private Placement Financing to $30 Million and Concurrent Non-Brokered Private Placement of $5.9 Million with Significant Shareholder

Globe Newswire - Tue Jun 14, 6:18PM CDT

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

LONGUEUIL, Quebec, June 14, 2022 (GLOBE NEWSWIRE) -- Reunion Gold Corporation (“Reunion” or the “Company”) (TSXV: RGD; OTCQB: RGDFF), is pleased to announce that it has entered into a revised agreement with Sprott Capital Partners, on behalf of a syndicate of underwriters, to increase the size of the previously announced bought deal private placement financing (the “Offering”). Pursuant to the amendment, the underwriters have agreed to purchase 115,500,000 units of the Company (“Units”) at a price of C$0.26 per unit for an aggregate purchase price of C$30,030,000. The other terms of the Offering, including the over-allotment option, remain unchanged from the Company’s news release dated June 14, 2022.

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