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| Home : Newrange Gold Announces Non-Brokered Private Placement |
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Jan 24
2017 |
Newrange Gold Announces Non-Brokered Private Placement |
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VANCOUVER, BC --(Marketwired - January 23, 2017) - Newrange Gold Corp. (TSX VENTURE: NRG) (FRANKFURT: X6C)("Newrange" or the "Company") is pleased to announce a non-brokered private placement for up to $800,000 comprised of up to 9,411,765 units at a price of $0.085 per unit (the "Units"). Each Unit consists of one common share and one share purchase warrant entitling the holder to purchase one additional common share for a two (2) year period at a price of $0.12 per share ("the Warrants"). The Warrants may be accelerated under certain terms if the 20 day volume weighted average is equal to or higher than $0.20. Proceeds raised from the private placement will be used to advance the Company's high grade Pamlico project and for general working capital. |
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| Source:http://www.marketwired.com/mw/release.do?id=2190155&sourceType=3 |
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