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CALGARY, ALBERTA--(Marketwire - Jan. 4, 2012) - Blackdog Resources Ltd. ("Blackdog" or "The Company") (TSX VENTURE:DOG) is pleased to announce that it closed the second tranche of its flow through financing (the "Private Placement") on December 30, 2011. In aggregate, the Company issued 2,472,931 Common Shares on a "flow -through" basis under the Income Tax Act (Canada) ("Flow-Through Shares") at a price of $0.48 per share for gross proceeds of $1,187,006.88. All Flow-Through Shares pursuant to the Private Placement are subject to a four-month hold period from the date of issuance. |
