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About P2

P2 operates in telecommunications and cloud distribution services. It offers services related to connectivity and also designs cloud-based software to boost workplace productivity, flexibility, and speed. It was founded in 2009 and is based in Stamford, Connecticut.

Headquarters Location

700 Canal Street, Building 1, 1st Floor

Stamford, Connecticut, 06902,

United States

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Latest P2 News

P2 Gold Closes Second Tranche of Non-Flow-Through Financing

May 31, 2023

05/31/2023 | 05:48pm EDT Message : *Required fields NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, May 31, 2023 (GLOBE NEWSWIRE) -- P2 Gold Inc. (“P2” or the “Company”) (TSX-V:PGLD) (OTCQB:PGLDF) reports that it has closed the second tranche (the “Second Tranche”) of its non-brokered private placement of non-flow-through units (the “Units”) at $0.27 per Unit, for gross proceeds of up to approximately $1.5 million (the “Offering”), previously announced on April 5, 2023 and May 4, 2023. The Second Tranche consisted of 785,632 Units for gross proceeds of approximately $212,000. Each Unit consists of one non-flow-through common share in the capital of the Company and one non-flow-through common share purchase warrant (a “Warrant”). Each Warrant entitles the holder to purchase one additional non-flow-through common share in the capital of the Company at an exercise price of $0.40 per common share for a period of two years from the date of issue (the “Expiry Time”), provided that, if after four months from the date of issue, the closing price of the common shares of the Company on the TSX Venture Exchange (the “Exchange”) is equal to or greater than $0.80 for a period of 10 consecutive trading days at any time prior to the Expiry Time, the Company will have the right to accelerate the Expiry Time by giving notice to the holders of the Warrants by news release or other form of notice permitted by the certificate representing the Warrants that the Warrants will expire at 4:30 p.m. (Vancouver time) on a date that is not less than 15 days from the date notice is given. The proceeds of the Offering will be used to fund exploration and engineering expenditures and for general corporate purposes. All securities issued pursuant to the Second Tranche are subject to a four-month hold period expiring on October 1, 2023. The securities offered pursuant to the Offering have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of such Act. Insiders of the Company subscribed for 92,593 Units of the Second Tranche. The issuance of Units to insiders is considered a related party transaction subject to Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions. The Company relied on exemptions from the formal valuation and minority shareholder approval requirements provided under sections 5.5(a) and 5.7(1)(a) of Multilateral Instrument 61-101 on the basis that the participation in the Offering by the insiders did not exceed 25% of the fair market value of the company’s market capitalization. About P2 Gold Inc. P2 is a mineral exploration and development company focused on advancing precious metals and copper discoveries and acquisitions in the western United States and British Columbia. For further information, please contact: Joseph Ovsenek (778) 731-1060 Neither the Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release. Forward Looking Information This press release contains “forward-looking information” within the meaning of applicable securities laws that is intended to be covered by the safe harbours created by those laws. “Forward-looking information” includes statements that use forward-looking terminology such as “may”, “will”, “expect”, “anticipate”, “believe”, “continue”, “potential” or the negative thereof or other variations thereof or comparable terminology. Such forward-looking information includes, without limitation, information with respect to the Company’s expectations, strategies and plans for exploration properties including the Company’s planned expenditures and exploration activities and the use of proceeds from the Offering. Forward-looking information is not a guarantee of future performance and is based upon a number of estimates and assumptions of management at the date the statements are made, including without limitation, that the Company will be able to use the proceeds from the Offering as anticipated, as well as the other assumptions disclosed in this news release. Furthermore, such forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of the Company to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking information, including without limitation, the inability to use the proceeds from the Offering as expected and risks associated with mineral exploration, including the risk that actual results and timing of exploration and development will be different from those expected by management. See “Risk Factors” in the Company’s annual information form dated March 16, 2023 filed on SEDAR at for a discussion of these risks. The Company cautions that there can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, investors should not place undue reliance on forward-looking information. Except as required by law, the Company does not assume any obligation to release publicly any revisions to forward-looking information contained in this press release to reflect events or circumstances after the date hereof. All news about P2 GOLD INC. 05:48p

P2 Frequently Asked Questions (FAQ)

  • When was P2 founded?

    P2 was founded in 2009.

  • Where is P2's headquarters?

    P2's headquarters is located at 700 Canal Street, Building 1, 1st Floor, Stamford.

  • Who are P2's competitors?

    Competitors of P2 include Connexin and 4 more.

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