VANCOUVER, BC, Jan. 7, 2025 /CNW/ - P2 Gold Inc. ("P2" or the "Company") (TSX-V: PGLD) (OTCQB: PGLDF) reports that under the terms of the convertible debentures (the "Convertible Debentures") issued on March 4, 2024 and March 14, 2024 (see news releases dated March 5, 2024 and March 14, 2024), (a) it has elected to satisfy its obligation to pay accrued interest in shares of the Company and (b) the conversion price will increase to $0.10 per share from $0.07 per share on February 1, 2025.
VANCOUVER, BC, Jan. 2, 2025 /CNW/ - P2 Gold Inc. ("P2" or the "Company") (TSXV: PGLD) (OTCQB: PGLDF) reports that pursuant to its Stock Option Plan, it has granted stock options to directors, officers, employees and consultants of the Company to purchase an aggregate of 625,000 common shares in the capital of the Company at an exercise price of $0.06 per share, which expire on December 30, 2026. Following this stock option grant, the Company has a total of 6,983,333 stock options outstanding representing approximately 4.7% of the outstanding common shares of the Company. This stock option grant is subject to acceptance by the TSX Venture Exchange (the "Exchange").
VANCOUVER, BC, Dec. 5, 2024 /CNW/ - P2 Gold Inc. ("P2" or the "Company") (TSXV: PGLD) (OTCQB: PGLDF) reports that it has entered into a definitive agreement (the "Agreement") signed December 4, 2024 to sell (the "Transaction") its Ball Creek Claims (also known as the BAM Project) to Kingfisher Metals Corp. ("Kingfisher") an arm's length party, on (a) payment of $1 million, with $50,000 due on signing the Agreement and $950,000 due on the closing of the Transaction; and (b) issuance of shares of Kingfisher having a value of $250,000, with the shares priced at the closing price of the shares on the TSX Venture Exchange (the "Exchange") immediately prior to an announcement of the Agreement. The Transaction remains subject to a number of conditions, including Exchange approval, and Kingfisher completing a private placement of at least $1 million. The closing of the Transaction is anticipated on or about February 28, 2025. No finder's fees are payable.
VANCOUVER, BC, Nov. 8, 2024 /CNW/ - P2 Gold Inc. ("P2" or the "Company") (TSXV: PGLD) and (OTCQB: PGLDF) reports that it has amended its agreements with certain insiders of P2 to settle $572,500 in shareholder loans previously provided for working capital for 5,725,000 shares of the Company (the "Loan Shares") at a deemed price of $0.10/share (the "Loan Settlement"). The Loan Shares to be issued in respect of the Loan Settlement are subject to a hold period of four months expiring on March 8, 2025.
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VANCOUVER, BC, Sept. 9, 2024 /CNW/ - P2 Gold Inc. ("P2" or the "Company") (TSX-V:PGLD) reports that it has closed the second tranche (the "Second Tranche") of its non-brokered private placement, previously announced on August 26, 2024 and September 4, 2024, of up to 18 million units in the capital of the Company (the "Units") at a price of $0.05 per Unit for gross proceeds of up to $900,000 (the "Offering"). The Second Tranche consisted of 9,950,000 Units for gross proceeds of $497,500.
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VANCOUVER, BC, Sept. 4, 2024 /CNW/ - P2 Gold Inc. ("P2" or the "Company") (TSXV: PGLD) reports that it (a) intends to increase the size of its non-brokered private placement, previously announced on August 26, 2024, to 18 million units (from 10 million units) in the capital of the Company (the "Units") at a price of $0.05 per Unit for gross proceeds of up to $900,000 (the "Offering") and (b) has closed the first tranche (the "First Tranche") of the Offering consisting of 5,000,000 Units for gross proceeds of $250,000.
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