Northisle Announces $1.9 Million Strategic Investment by Michael Gentile, CFA and Pierre Beaudoin

VANCOUVER, British Columbia — Northisle Copper and Gold Inc. (TSX-V: NCX) (“Northisle” or the “Company”) is pleased to announce that it intends to raise aggregate gross proceeds of approximately $1,918,240 pursuant to a non-brokered private placement (the “Private Placement”) consisting of 10,096,000 units (each a “Unit”) at a price of C$0.19 per Unit. Each unit consists of one common share of the Company (each a “Common Share”) and one half of one common share purchase warrant of the Company (each a “Warrant”). Each Warrant is exercisable to acquire one Common Share at an exercise price of $0.28 for a period of two years from the date of closing of the Private Placement, subject to acceleration in certain circumstances. Read More