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| Home : Signature Announces Closing of Final Tranche of Private Placement |
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Jul 22
2016 |
Signature Announces Closing of Final Tranche of Private Placement |
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TORONTO, ONTARIO--(Marketwired - July 21, 2016) - Signature Resources Ltd. (TSX VENTURE:SGU)(OTC PINK:SGGTF) ("Signature" or the "Company") is pleased to announce today that it closed the second and final tranche (the "Second Tranche") of its unit (the "Units") financing (the "Financing") initially announced in its news release of April 21, 2016. The closing of the Second Tranche resulted in gross proceeds to the Company of $599,544 from the sale of 11,990,870 Units, which together with the first tranche of the Financing (see the Company's news release of July 5, 2016), has resulted in aggregate gross proceeds to the Company of $1,066,338. The proceeds realized from the Second Tranche will be used for general corporate and working capital purposes, and for the continued exploration of the Company's Lingman Lake property. |
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| Source:http://www.marketwired.com/mw/release.do?id=2144578&sourceType=3 |
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