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| Home : Ascot Announces Closing of $9 Million Private Placement |
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Dec 17
2016 |
Ascot Announces Closing of $9 Million Private Placement |
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VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 16, 2016) - Ascot Resources Ltd. (the "Company") (TSX VENTURE:AOT) is pleased to announce that, further to its press release dated November 23, 2016, it has closed the brokered private placement of 4,000,997 flow-through common shares (the "FT Shares") at a price of $2.25 per FT Share for gross proceeds of $9,002,243.25 (the "Offering"). A portion of the Offering was conducted on a guaranteed basis, with the remainder conducted on a reasonable commercial efforts agency basis, in each case by a syndicate of agents lead by Primary Capital Inc. and including Red Cloud Klondike Strike Inc. (the "Agents"). |
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| Source:http://www.marketwired.com/mw/release.do?id=2184013&sourceType=3 |
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