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| Home : Gem International Arranges $3M Private Placement |
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Sep 20 2016 |
Gem International Arranges $3M Private Placement |
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VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 19, 2016) - Gem International Resources Inc. (the "Company") (TSX VENTURE:GI) wishes to announce that it intends to carry out a private placement raising proceeds of $3,000,000 for the sale of up to 30,000,000 units at a price of $0.10 per unit. Each unit will consist of one common share and one non-transferable share purchase warrant for the purchase of one further common share of the Company within two years of the date of grant at the price of $0.20 per such common share. |
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| Source:http://www.marketwired.com/mw/release.do?id=2159699&sourceType=3 |
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