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| Home : Lakota Closes Its Private Placement Financing |
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Sep 22
2011 |
Lakota Closes Its Private Placement Financing |
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CALGARY, ALBERTA--(Marketwire - Sept. 21, 2011) - LAKOTA RESOURCES INC. (the "Company" or "Lakota") is pleased to announce that it has completed its private placement financing announced on September 14, 2011 by issuing 78,334,000 units ("Units") at $0.03 per Unit for total gross proceeds of $2,350,020. Each Unit comprised one common share and one-half of one common share purchase warrant (a "Warrant"). One full Warrant entitles the holder to purchase one additional common share at a price of $0.045 per share for a period of 2 years from the closing of the offering. The use of proceeds from this financing will be for working capital and ongoing exploration on the Company's exploration properties. |
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| Source:http://www.marketwire.com/mw/release.do?id=1563994&sourceType=3 |
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