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| Home : Winston Announces Non-Brokered Private Placement |
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Apr 19
2017 |
Winston Announces Non-Brokered Private Placement |
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WINNIPEG, MANITOBA--(Marketwired - April 18, 2017) - Winston Gold Mining Corp. ("Winston Gold" or the "Corporation") (CSE:WGC)(CSE:WGC.CN)(OTCQB:WGMCF) is pleased to announce that it intends to undertake a non-brokered equity private placement (the "Financing"). The Financing is expected to raise gross proceeds of approximately $300,000 by the issuance of 5,000,000 units (each a "Unit") at a price of $0.06 per Unit. Each Unit will consist of one common share and one share purchase warrant (each a "Warrant"), and each Warrant will entitle the holder thereof to purchase one additional common share of the Company at a price of $0.15 per share for a period of 60 months from the closing date. Following the expiry of any resale restrictions required by applicable securities laws, the Company will use reasonable commercial efforts to list the Warrants for trading on the Canadian Securities Exchange. |
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| Source:http://www.marketwired.com/mw/release.do?id=2210434&sourceType=3 |
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