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| Home : Estrella Gold Announces Closing of $250,000 Private Placement Financing |
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Jul 29
2011 |
Estrella Gold Announces Closing of $250,000 Private Placement Financing |
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TORONTO, ONTARIO--(Marketwire - July 28, 2011) - Estrella Gold Corporation (TSX VENTURE:EST) ("Estrella" or the "Company") is pleased to announce it has closed a non-brokered private placement offering of 347,445 units (each a "Unit") at $0.72 per Unit for gross proceeds of $250,160 (the "Offering"). The financing was completed with strategic investors of the Company. Each Unit is comprised of one common share and one non-transferable warrant (each a "Warrant"). Each Warrant entitles the holder to purchase one common share at an exercise price of $1.05 per share during the first year or at a price of $1.20 during the second year following the date of closing of the Offering. No finder's fees or commissions were paid in connection with the Offering. |
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| Source:http://www.marketwire.com/mw/release.do?id=1543654&sourceType=3 |
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