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| Home : Gem International Closed Private Placement and Granted Stock Options |
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Feb 25
2017 |
Gem International Closed Private Placement and Granted Stock Options |
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VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 24, 2017) - Gem International Resources Inc. (the "Company") (TSX VENTURE:GI) has closed its non-brokered private placement through the issuance of 18,000,000 units at a price of $0.05 per unit for gross proceeds of $900,000. Each unit consists of one common share and one share purchase warrant. Each whole share purchase warrant entitles the holder to purchase one common share of the Company for a term of two years from the date of closing at a price of 15 cents per share. All of the securities issued under the private placement are subject to a four-month hold period expiring June 24, 2017. |
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| Source:http://www.marketwired.com/mw/release.do?id=2198564&sourceType=3 |
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