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| Home : Frontline Gold Announces Private Placement |
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May 04
2011 |
Frontline Gold Announces Private Placement |
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HALIFAX, NOVA SCOTIA--(Marketwire - May 4, 2011) - Frontline Gold Corporation ("Frontline" or the "Company") (TSX VENTURE:FGC) is pleased to announce a non-brokered private placement consisting of up to 26,666,6667 units (the "Units") at a purchase price of $0.15 per Unit for gross proceeds of up to $4 million (the "Offering"). Each Unit consists of one common share of the Company and one common share purchase warrant (a "Warrant"). Each Warrant entitles the holder to purchase one common share of the Company at an exercise price of $0.20 for a period of 18 months following the date of closing. |
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| Source:http://www.marketwire.com/mw/release.do?id=1509795&sourceType=3 |
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