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| Home : Gold Canyon Arranges $1,954,440 Non-brokered Private Placement |
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Aug 02
2013 |
Gold Canyon Arranges $1,954,440 Non-brokered Private Placement |
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VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 2, 2013) - Gold Canyon Resources Inc. (TSX VENTURE:GCU)(PINKSHEETS:GDCRF) ("Gold Canyon" or "the Company") announces it has arranged a non-brokered private placement in the amount of $1,954,440 through the sale of 8,497,564 common share units (the "Units") at a price of $0.23 per Unit. Each Unit is comprised of one common share of the Company and one non-transferable share purchase warrant which entitles the holder to purchase one further common share of the Company at a price of $0.40 per share for a period of two years from the closing date of the private placement. The anticipated proceeds of the offering would be used for additional work on Gold Canyon's Springpole Gold Project and general corporate purposes. |
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| Source:http://www.marketwire.com/mw/release.do?id=1817392&sourceType=3 |
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