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Posted by
Two Blokes May 23 -
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Stock
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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES Toronto, Ontario--(Newsfile Corp. - May 23, 2025) - Loncor Gold Inc. (TSX: LN) (OTCQX: LONCF) (FSE: LO5) ("Loncor" or the "Company") is pleased to announce the closing of its previously announced "best efforts" private placement (the "Offering") for aggregate gross proceeds of C$9,400,000, which includes the full exercise of the agent's option for gross proceeds of C$1,400,000. Under the Offering, the Company sold 17,090,910 units of the Company (the "Units") at a price of C$0.55 per Unit.
