Day: May 31, 2019

Ethos Gold Corp. is pleased to announce a non-brokered private placement to raise gross proceeds of $225,000. The Company will issue 1,125,000 units at a purchase price of $0.20 per Unit. Each Unit will consist of one common share of the Company and one common share purchase warrant. Each Warrant will entitle the holder to purchase one common share of the Company at a purchase price of $0.40 per share for a period of two years from the date of the closing of the Offering.

“During the first quarter we saw again a significant improvement in our mining operations as our quarter over quarter revenues from mining operations and reduced production costs demonstrate. This trend of increased metal production, reduced production costs and improved cash flow from mining operations has continued into Q2 and is expected to continue for the rest of the year,” stated Arturo Préstamo, Chief Executive Officer of Santacruz.