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| Home : Darnley Bay Announces Private Placement Financing Increased to $10,000,000 |
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Dec 09
2016 |
Darnley Bay Announces Private Placement Financing Increased to $10,000,000 |
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TORONTO, ONTARIO--(Marketwired - Dec. 8, 2016) - Darnley Bay Resources Limited ("Darnley" or the "Company") (TSX VENTURE:DBL), announces that, further to its press release dated November 22, 2016 previously announcing a non-brokered private placement financing (the "Offering"), the Company is increasing the Offering to: (i) up to 25,000,000 non-flow through units (the "Units") at a price of $0.20 per Unit for gross proceeds of up to $5,000,000; and (ii) up to 20,000,000 flow-through common shares (the "FT Shares") at a price of $0.25 per FT Share for gross proceeds of up to $5,000,000. The total proceeds to be raised under the Offering is now up to $10,000,000. |
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| Source:http://www.marketwired.com/mw/release.do?id=2182057&sourceType=3 |
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