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Home : Kapuskasing Gold Announces $1 Million Private Placement to Advance Its Projects In The Borden Gold District in Northern Ontario |
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May 07 2014 |
Kapuskasing Gold Announces $1 Million Private Placement to Advance Its Projects In The Borden Gold District in Northern Ontario |
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 7, 2014) - Kapuskasing Gold Corp. (TSX VENTURE:KAP) (the "Company" or "Kapuskasing Gold") announces that the Company intends to complete a non-brokered private placement of up to 6,666,666 units at a price of 15 cents per unit, for gross proceeds of up to $1,000,000. Each unit will consist of one common share and one half of one common share purchase warrant. Each full warrant will entitle the holder thereof to purchase one common share of the Company at an exercise price of 20 cents for a period of two years following the closing of the offering. |
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Source:http://www.marketwired.com/mw/release.do?id=1907367&sourceType=3 |
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