|
| Home : Crown Gold Corporation Announces Completion of $1,500,000 Brokered Private Placement |
|
Oct 30
2010 |
Crown Gold Corporation Announces Completion of $1,500,000 Brokered Private Placement |
|
TORONTO, ONTARIO--(Marketwire - Oct. 29, 2010) - Crown Gold Corporation ("Crown") (TSX VENTURE:CWM) is pleased to announce that it has successfully completed today its previously announced $1,500,000 brokered private placement (the "Private Placement") with MGI Securities Inc ("MGI") and Pope & Company ("Pope") (see Crown's news release dated October 4, 2010). An aggregate of 15,000,000 units ("Units") were sold at $0.10 per Unit for gross proceeds of $1,500,000. Each Unit is comprised of one common share of the Corporation (a "Common Share") and one Common Share purchase warrant. Each whole warrant (a "Warrant") entitles the holder to purchase one Common Share, at any time within 15 months after the Warrant issue date, at a price of $0.18. |
|
|
|
| Source:http://www.marketwire.com/mw/release.do?id=1344063&sourceType=3 |
| |
|
Related News
|
» Adriana Announces Closing of First Tranche Non-Brokered Private Placement
» CriticalControl Announces First Closing of $2.5 Million Bought Deal Private Placement
|
|
|
