{"id":378,"date":"2023-12-14T18:02:02","date_gmt":"2023-12-14T18:02:02","guid":{"rendered":"https:\/\/geologicaresource.com\/?p=378"},"modified":"2023-12-14T18:02:04","modified_gmt":"2023-12-14T18:02:04","slug":"geologica-announces-financing-and-investor-awarness-contract","status":"publish","type":"post","link":"https:\/\/geologicaresource.com\/geologica-announces-financing-and-investor-awarness-contract\/","title":{"rendered":"GEOLOGICA ANNOUNCES FINANCING AND INVESTOR AWARNESS CONTRACT"},"content":{"rendered":"\n
VANCOUVER, BC, December 13, 2023 \u2013Geologica Resource Corp. (CSE:GRCM, FSE:862 ) (\u201cGeologica<\/strong>\u201d or the \u201cCompany<\/strong>\u201d) is pleased to announce the company intends to raise up to $200,000 from the issuance of Units.<\/p>\n\n\n\n The Company intends to issue 4,000,000 Units at $0.05 per unit for total proceeds of $200,000 (the \u201cUnits\u201d<\/strong>) each Unit consists of a share and a whole warrant. Each warrant may be exercised for 1 (one) share for 2 (two) years from closing for $0.08. A warrant holder must exercise the Warrant, within 30 days of the shares of the Company trading at a 20 day VWAP of $0.20 or greater once the 4 month statutory hold has expired<\/p>\n\n\n\n The proceeds of the financing will be used for exploration work its Topley project, and general administration.<\/p>\n\n\n\n The securities issued under the financing will be subject to restrictions on resale for 4 (Four) months and a day, pursuant to applicable Canadian securities laws and the rules of the Canadian Securities Exchange.<\/p>\n\n\n\n Geologica has entered into a consulting agreement with Investment Zirkel Munchen for German language investor awareness. The contract is for 2 years with a total cost of $10,000 CAD paid at the beginning of the contract.<\/p>\n\n\n\n TOPLEY LANDING CLAIMS<\/u><\/strong><\/p>\n\n\n\n About Geologica Resource Corp.<\/strong><\/p>\n\n\n\n Geologica Resource Corp. is a mineral explorer, building shareholder value through the acquisition of projects with significant technical merit. The Company has an option agreement and a purchase agreement for 100% of the mineral claims known as the Topley Project, located in central British Columbia.<\/p>\n\n\n\n Further information on Geologica Resource Corp. can be found on the Company\u2019s website<\/p>\n\n\n\n https:\/\/geologicaresource.com\/<\/a> and on SEDAR at https:\/\/www.sedarplus.ca<\/a><\/p>\n\n\n\n\n
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