By Laura Lutz
Des Moines, April 26 - Christopher James Gold Corp. closed a private placement of flow-through units for C$6,095,700.
The company sold 7,171,412 units of one flow-through share and one half-share transferable non flow-through warrant at C$0.85 per unit. Each whole warrant will be exercisable at C$1.25 until Oct. 25, 2008.
Pacific International Securities Inc. was the lead agent, with Blackmont Capital Inc. as co-agent.
Proceeds will be used for exploration.
Christopher James is a mineral exploration company based in Vancouver, B.C.
| Issuer: | Christopher James Gold Corp.
|
| Issue: | Units of one flow-through share and one half-share non flow-through warrant
|
| Amount: | C$6,095,700
|
| Units: | 7,171,412
|
| Price: | C$0.85
|
| Warrants: | One half-share warrant per unit
|
| Warrant expiration: | Oct. 25, 2008
|
| Warrant strike price: | C$1.25
|
| Agents: | Pacific International Securities Inc. (lead), Blackmont Capital Inc.
|
| Pricing date: | April 26
|
| Stock symbol: | TSX Venture: CJG
|
| Stock price: | C$0.74 at close April 25
|
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