Snowline gold completes oversubscribed c$16.5 million financing

Not for dissemination in the united states or for distribution to u.s. newswire services vancouver, bc / accesswire / september 6, 2023 / snowline gold corp. (tsx-v:sgd) (the "company" or "snowline") is pleased to announce that it has completed its previously announced "bought deal" private placement of 2,200,000 flow-through common shares of the company (the "ft shares") at a price of c$7.50 per ft share for aggregate gross proceeds of c$16.5 million (the "offering"), including c$1.5 million from the exercise of the underwriters' option. each ft share will qualify as a "flow-through share" (within the meaning of subsection 66(15) of the income tax act (canada) (the "tax act").
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