Omai Gold Mines Announces Non-Brokered Private Placement

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Last update: Nov 24, 2021

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TORONTO, Nov. 24, 2021 (GLOBE NEWSWIRE) -- Omai Gold Mines Corp. (TSXV:OMG) ("Omai" or the "Company") is pleased to announce a non-brokered private placement offering (the "Offering") for aggregate gross proceeds of up to C$4,500,000 through the issuance of units of the Company (the "Units") at a price of C$0.11 per Unit. Each Unit will consist of one common share (“Common Share”) and one-half of a common share purchase warrant. Two such half warrants constitute a full warrant (a “Warrant”). Each Warrant entitles the holder to acquire one Common Share at an exercise price of C$0.20 for a period of 24 months from the closing date of the Offering.