BAROYECA GOLD & SILVER
INC.
Suite 1008 - 409 Granville Street
Vancouver, BC V6C 1T2
Telephone (604) 689-5002 Fax: (604) 689-5003
TSX-V: BGS
VANCOUVER, BC, March 22, 2021 /CNW/ - BAROYECA GOLD &
SILVER INC. (the "Company") is pleased to announce that it has
agreed to a $2,040,000 non-brokered
private placement of up to 6,800,000 units of its securities (the
"Units") at a price of $0.30 per
Unit, each Unit consisting of one common share and one-half of a
non-transferable share purchase warrant, with each whole such
warrant (a "Warrant") entitling the holder to acquire one
additional common share of the Company at a price of $0.45 per share for a period of one year. The
Company may pay fees in cash and/or securities in connection with
this financing.
The proceeds from the private placement will be used for
promotional expenses, operating expenses for its Colombian
properties and general working capital.
The private placement is subject to acceptance for filing by the
TSX Venture Exchange.
BAROYECA GOLD & SILVER INC.
Per: "Richard
Wilson"
Richard Wilson, CEO
Neither the TSX Venture Exchange nor its Regulation Services
Provider accepts responsibility for the adequacy or the accuracy of
this release.
SOURCE Baroyeca Gold & Silver Inc.