St. James Gold Corp. (TSXV:LORD) announced a non-brokered private placement of up to 450,000 units at a price of CAD 0.672 per unit for gross proceeds of up to CAD 302,400 on January 15, 2021. Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder thereof to purchase one common share at an exercise price of CAD 0.84 per share for a period of two year from the date of closing. All securities to be issued in the transaction are subject to a four-month statutory hold period. The company may pay a finder's fee in cash and or share purchase warrants in accordance with the rules of the TSX Venture Exchange. The transaction is subject to the approval of the TSX Venture Exchange.