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| Home : Gold Canyon Closes $1,954,440 Non-Brokered Private Placement |
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Aug 09
2013 |
Gold Canyon Closes $1,954,440 Non-Brokered Private Placement |
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VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 8, 2013) - Gold Canyon Resources Inc. (TSX VENTURE:GCU) (PINKSHEETS:GDCRF) ("Gold Canyon" or "the Company") is pleased to announce that it has now closed the private placement of 8,497,564 common share units (the "Units") described in its August 2, 2013 news release. Units were priced at $0.23 per Unit, for gross proceeds to the Company of $1,954,440. Each Unit is comprised of one common share in the capital of the Company and one non-transferable share purchase warrant of the Company exercisable at any time up to 4:30 p.m. (Vancouver time) on August 8, 2015 for one common share at a price of $0.40 per share. The proceeds of the private placement will 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=1819285&sourceType=3 |
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