By Laura Lutz
Des Moines, June 12 - Fair Sky Resources Inc. closed a downsized private placement of shares for C$3,482,745.
The company sold 1,698,900 flow-through shares at C$2.05 each.
The placement priced on April 11 as a C$5.125 million offering of up to 2.5 million flow-through shares.
Proceeds of the non-brokered placement will be used for exploration on the company's properties.
Fair Sky is a resource exploration company based in Calgary, Alta.
Issuer: | Fair Sky Resources Inc.
|
Issue: | Flow-through shares
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Amount: | C$3,482,745
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Shares: | 1,698,900
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Price: | C$2.05
|
Warrants: | No
|
Agent: | Non-brokered
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Pricing date: | April 11
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Settlement date: | June 12
|
Stock symbol: | TSX Venture: FSK
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Stock price: | C$1.60 at close April 11
|
Stock price: | C$1.30 at close June 12
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