Roscan Gold Closes C$1.5M Convertible Note Financing

Reuters06:16

<a href="https://laohu8.com/S/RCGCF">Roscan Gold</a> Closes C$1.5M Convertible Note Financing

Roscan Gold Corp. has closed a non-brokered private placement issuing C$1.5 million of secured subordinate promissory notes to fund general corporate and working capital needs. The notes carry 12% annual interest, mature on March 2, 2027, and are convertible into common shares at C$0.20 per share, with interest paid in cash up to conversion or maturity. The notes are secured by a general security agreement subordinate to the company’s other secured debt, and a 5% finder’s fee was paid to AfroBullion Mine Limited.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Roscan Gold Corp. published the original content used to generate this news brief via Newsfile (Ref. ID: 202603021715NEWSFILECNPR____20260302_286016_1) on March 02, 2026, and is solely responsible for the information contained therein.

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