Ethos Gold stock soars on Sprott investment – MINING.COM –

Perk-Rocky drill site. Image: Ethos Gold Corp.

Ethos Gold (TSXV: ECC) announced on Monday it has arranged a non-brokered private placement offering of units priced at C$0.32 each to raise gross proceeds of C$2 million ($1.6m).

Canadian mining investor Eric Sprott, through a corporation beneficially owned by him, intends to subscribe for all of the units under the private placement.