Vancouver, British Columbia–(Newsfile Corp. – April 10, 2024) – American Pacific Mining Corp (CSE: USGD) (OTCQX: USGDF) (FSE: 1QC1) (“American Pacific” or the “Company”) is pleased to provide an update on its previously announced non-brokered private placement (the “Offering”) of up to 22,500,000 units of the Company (“Units”) at a price of $0.20 per Unit for gross proceeds of up to $4,500,000. The Offering will now be conducted by way of (i) a private placement pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 – Prospectus Exemptions (“NI 45-106”) to qualified investors in all the provinces of Canada, and (ii) otherwise in those jurisdictions where the Offering can lawfully be made including the United States under applicable private placement exemptions.
As previously disclosed by the Company, the Offering is fully subscribed. The Company…