By Devika Patel
Knoxville, Tenn., Aug. 14 - Far City Mining Ltd. said it will take in C$2.14 million in a non-brokered private placement of stock.
The company will sell 10,694,425 shares at C$0.20 per share.
Settlement is expected Thursday.
Proceeds will be used for general corporate purposes.
The junior mineral exploration company is based in Toronto.
| Issuer: | Far City Mining Ltd.
|
| Issue: | Shares
|
| Amount: | C$2,138,885
|
| Shares: | 10,694,425
|
| Price: | C$0.20
|
| Warrants: | No
|
| Agent: | Non-brokered
|
| Pricing date: | Aug. 14
|
| Settlement date: | Aug. 20
|
| Stock symbol: | CNSX: FCH
|
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