On June 27, 2018 Avidian Gold Inc. (“Avidian” or the “Company”) announced that it had completed an offering of 6,465,000 units (“Units”) by way of private placement at a price of $0.50 per Unit for gross proceeds of approximately $3,232,500.

 

The net proceeds shall be primarily used for exploration and development at the Company’s Golden Zone and Amanita projects and for general corporate and working capital purposes.

 

Avidian is a mineral exploration and development company. Avidian holds a 100% interest in the Golden Zone gold-silver-copper project located halfway between Anchorage and Fairbanks, Alaska, along the State highway.

 

Peterson McVicar acted for Avidian Gold Inc. with a team that included Dennis Peterson and Andrey Shamis.