Chesapeake Gold Closes $20 Million Private Placement Financing

Chesapeake _20082020

Vancouver, British Columbia–(Newsfile Corp. – August 19, 2020) –  Chesapeake Gold Corp. (TSXV: CKG) (OTCQX: CHPGF) (“Chesapeake” or the “Company“) is pleased to announce the closing of its previously announced non-brokered private placement of 4,000,000 common shares (“Common Shares“) at a price of $5.00 per Common Share for gross proceeds to the Company of $20,000,000 (the “Private Placement“).

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