New York, Dec. 31 - Energold Mining Ltd. said it completed its C$1.5 million private placement of common shares.
The company sold 1.875 million shares at C$0.80 each.
The Vancouver, B.C., exploration company will use proceeds to expand its drill fleet and for working capital purposes.
Energold holds a 50% interest in contract diamond driller Kluane International Drilling, a controlling interest in silver explorer Impact Minerals International Inc., and a portfolio of projects in the Dominican Republic.
| Issuer: | Energold Mining Ltd.
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| Issue: | Common shares
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| Amount: | C$1.5 million
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| Shares: | 1.875 million
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| Price: | C$0.80
|
| Warrants: | No
|
| Settlement date: | Dec. 31
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| Stock price: | C$1.15 at close Dec. 31
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