{"id":473688,"date":"2021-04-08T09:20:46","date_gmt":"2021-04-08T13:20:46","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=473688"},"modified":"2021-04-08T09:20:46","modified_gmt":"2021-04-08T13:20:46","slug":"roscan-gold-corporation-announces-closing-of-overnight-marketed-public-offering","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/roscan-gold-corporation-announces-closing-of-overnight-marketed-public-offering\/","title":{"rendered":"Roscan Gold Corporation Announces Closing of Overnight Marketed Public Offering"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"center\">\n        <strong>THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT AUTHORIZED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.<\/strong><br \/>\n        \n      <\/p>\n<p align=\"justify\">TORONTO, April  08, 2021  (GLOBE NEWSWIRE) &#8212; Roscan Gold Corporation (TSXV: ROS) (FSE: 2OJ) (OTC Pink: RCGCF) (\u201c<strong>Roscan<\/strong>\u201d or the \u201c<strong>Company<\/strong>\u201d) is pleased to announce the closing of its previously announced overnight marketed public offering (the \u201c<strong>Offering<\/strong>\u201d) of common shares of the Company (the \u201c<strong>Common Shares<\/strong>\u201d).<\/p>\n<p align=\"justify\">The Offering was completed through a syndicate of agents led by Clarus Securities Inc. that included Beacon Securities Limited, Echelon Wealth Partners Inc., Cormark Securities Inc. and Paradigm Capital Inc. (the \u201c<strong>Agents<\/strong>\u201d).<\/p>\n<p align=\"justify\">Pursuant to the Offering, the Company issued the maximum of 35,714,500 Common Shares, for gross proceeds of C$15,000,090. The Company also issued 2,142,870 non-transferable common share purchase warrants as compensation to the Agents.<\/p>\n<p align=\"justify\">The net proceeds of the Offering will be used to fund the Company\u2019s ongoing exploration program in Mali and to fund working capital and other general corporate purposes.<\/p>\n<p align=\"justify\">The Common Shares were offered in the Provinces of British Columbia, Alberta and Ontario pursuant to a final short form prospectus dated April 1, 2021.<\/p>\n<p align=\"justify\">This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended, (the &#8220;<strong>U.S. Securities Act<\/strong>&#8220;), or any state securities laws and may not be offered or sold within the United States except pursuant to an available exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws.<\/p>\n<p align=\"justify\">No securities regulatory authority has either approved or disapproved of the contents of this news release.<\/p>\n<p align=\"justify\">\n        <strong>About Roscan<\/strong>\n      <\/p>\n<p align=\"justify\">Roscan Gold Corporation is a Canadian gold exploration company focused on the exploration and acquisition of gold properties in West Africa. The Company has assembled a significant land position of 100%-owned permits in an area of producing gold mines (including B2 Gold&#8217;s Fekola Mine which lies in a contiguous property to the west of Kandiole), and major gold deposits, located both north and south of its Kandiole Project in West Mali.<\/p>\n<p><strong>For further information please contact:<\/strong><\/p>\n<p align=\"justify\">\n        <strong>Andrew J. Ramcharan, P.Eng <\/strong><br \/>\n        <br \/>Executive Vice President &#8211; Corporate Development &amp; Investor Relations <br \/>Tel: (416) 572-2295 <br \/>Email: aramcharan@Roscan.ca<\/p>\n<p align=\"justify\">\n        <strong>Greg Isenor, P.Geo <\/strong><br \/>\n        <br \/>Executive Vice-Chairman <br \/>Tel: (902) 221-2329 <br \/>Email: gpisenor@Roscan.ca<\/p>\n<p align=\"justify\">\n        <strong>Forward-looking Statements<\/strong><br \/>\n        <br \/>This news release contains certain \u201cforward-looking statements\u201d under applicable Canadian Securities legislation. These statements relate to the intended use of proceeds Offering. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by Roscan, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements and the parties have made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: risks related to share price and market conditions, the inherent risks involved in the mining, exploration and development of mineral properties, the uncertainties involved in interpreting drilling results and other geological data, fluctuating metal prices, the possibility of project delays or cost overruns or unanticipated excessive operating costs and expenses, uncertainties related to the necessity of financing, the availability of and costs of financing needed in the future as well as those factors disclosed in the Company\u2019s documents filed from time to time with the securities regulators in the Provinces of British Columbia, Alberta and Ontario. Accordingly, readers should not place undue reliance on forward\u2010looking statements. Roscan undertakes no obligation to update publicly or otherwise revise any forward\u2010looking statements contained herein whether as a result of new information or future events or otherwise, except as may be required by law.<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIxMzc1MSM0MTExODQwIzUwMDA3OTE4OQ==\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/453af3d8-4ec8-4f2a-9db0-da0d0d528bb6\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT AUTHORIZED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. TORONTO, April 08, 2021 (GLOBE NEWSWIRE) &#8212; Roscan Gold Corporation (TSXV: ROS) (FSE: 2OJ) (OTC Pink: RCGCF) (\u201cRoscan\u201d or the \u201cCompany\u201d) is pleased to announce the closing of its previously announced overnight marketed public offering (the \u201cOffering\u201d) of common shares of the Company (the \u201cCommon Shares\u201d). The Offering was completed through a syndicate of agents led by Clarus Securities Inc. that included Beacon Securities Limited, Echelon Wealth Partners Inc., Cormark Securities Inc. and Paradigm Capital Inc. (the \u201cAgents\u201d). Pursuant to the Offering, the Company issued the maximum of 35,714,500 Common Shares, for &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/roscan-gold-corporation-announces-closing-of-overnight-marketed-public-offering\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Roscan Gold Corporation Announces Closing of Overnight Marketed Public Offering&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-473688","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Roscan Gold Corporation Announces Closing of Overnight Marketed Public Offering - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/roscan-gold-corporation-announces-closing-of-overnight-marketed-public-offering\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Roscan Gold Corporation Announces Closing of Overnight Marketed Public Offering - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT AUTHORIZED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. TORONTO, April 08, 2021 (GLOBE NEWSWIRE) &#8212; Roscan Gold Corporation (TSXV: ROS) (FSE: 2OJ) (OTC Pink: RCGCF) (\u201cRoscan\u201d or the \u201cCompany\u201d) is pleased to announce the closing of its previously announced overnight marketed public offering (the \u201cOffering\u201d) of common shares of the Company (the \u201cCommon Shares\u201d). The Offering was completed through a syndicate of agents led by Clarus Securities Inc. that included Beacon Securities Limited, Echelon Wealth Partners Inc., Cormark Securities Inc. and Paradigm Capital Inc. (the \u201cAgents\u201d). Pursuant to the Offering, the Company issued the maximum of 35,714,500 Common Shares, for &hellip; Continue reading &quot;Roscan Gold Corporation Announces Closing of Overnight Marketed Public Offering&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/roscan-gold-corporation-announces-closing-of-overnight-marketed-public-offering\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-08T13:20:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIxMzc1MSM0MTExODQwIzUwMDA3OTE4OQ==\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/roscan-gold-corporation-announces-closing-of-overnight-marketed-public-offering\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/roscan-gold-corporation-announces-closing-of-overnight-marketed-public-offering\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Roscan Gold Corporation Announces Closing of Overnight Marketed Public Offering\",\"datePublished\":\"2021-04-08T13:20:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/roscan-gold-corporation-announces-closing-of-overnight-marketed-public-offering\\\/\"},\"wordCount\":705,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/roscan-gold-corporation-announces-closing-of-overnight-marketed-public-offering\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODIxMzc1MSM0MTExODQwIzUwMDA3OTE4OQ==\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/roscan-gold-corporation-announces-closing-of-overnight-marketed-public-offering\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/roscan-gold-corporation-announces-closing-of-overnight-marketed-public-offering\\\/\",\"name\":\"Roscan Gold Corporation Announces Closing of Overnight Marketed Public Offering - 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TORONTO, April 08, 2021 (GLOBE NEWSWIRE) &#8212; Roscan Gold Corporation (TSXV: ROS) (FSE: 2OJ) (OTC Pink: RCGCF) (\u201cRoscan\u201d or the \u201cCompany\u201d) is pleased to announce the closing of its previously announced overnight marketed public offering (the \u201cOffering\u201d) of common shares of the Company (the \u201cCommon Shares\u201d). The Offering was completed through a syndicate of agents led by Clarus Securities Inc. that included Beacon Securities Limited, Echelon Wealth Partners Inc., Cormark Securities Inc. and Paradigm Capital Inc. (the \u201cAgents\u201d). Pursuant to the Offering, the Company issued the maximum of 35,714,500 Common Shares, for &hellip; Continue reading \"Roscan Gold Corporation Announces Closing of Overnight Marketed Public Offering\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/roscan-gold-corporation-announces-closing-of-overnight-marketed-public-offering\/","og_site_name":"Market Newsdesk","article_published_time":"2021-04-08T13:20:46+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIxMzc1MSM0MTExODQwIzUwMDA3OTE4OQ==","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/roscan-gold-corporation-announces-closing-of-overnight-marketed-public-offering\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/roscan-gold-corporation-announces-closing-of-overnight-marketed-public-offering\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Roscan Gold Corporation Announces Closing of Overnight Marketed Public Offering","datePublished":"2021-04-08T13:20:46+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/roscan-gold-corporation-announces-closing-of-overnight-marketed-public-offering\/"},"wordCount":705,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/roscan-gold-corporation-announces-closing-of-overnight-marketed-public-offering\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIxMzc1MSM0MTExODQwIzUwMDA3OTE4OQ==","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/roscan-gold-corporation-announces-closing-of-overnight-marketed-public-offering\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/roscan-gold-corporation-announces-closing-of-overnight-marketed-public-offering\/","name":"Roscan Gold Corporation Announces Closing of Overnight Marketed Public Offering - 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