Cassiar Gold Corp. is pleased to announce the closing of its previously announced "best efforts" private placement for aggregate gross proceeds of C$5,999,788.28, which includes the exercise of the agent's option. Pursuant to the Offering, the Company sold 1,230,298 flow-through units and 12,567,100 flow-though units sold to charitable purchasers at a price of C$0.36 per FT Unit for gross proceeds of C$4,967,063.28 from the sale of FT Units, and 4,130,900 units of the Company at a price of C$0.25 per Unit for gross proceeds of C$1,032,725 from the sale of Units. Red Cloud Securities Inc. acted as sole agent and bookrunner in connection with the Offering. Each FT Unit consists of one common share in the capital of the Company and one common share purchase warrant , each of whi...