By Laura Lutz
Des Moines, March 28 - Goldeye Explorations Ltd. arranged a private placement of units for up to C$1.1 million.
The company plans to sell up to 10 million units of one share and one warrant at C$0.11 per unit. Each warrant will be exercisable at C$0.15 for two years.
The placement will be partially brokered.
Proceeds will be used for exploration on the company's non-Canadian mineral projects, for working capital and for administrative expenses.
Goldeye is a Toronto-based mineral exploration company.
| Issuer: | Goldeye Explorations Ltd.
|
| Issue: | Units of one share and one warrant
|
| Amount: | C$1.1 million
|
| Units: | 10 million
|
| Price: | C$0.11
|
| Warrants: | One per unit
|
| Warrant expiration: | Two years
|
| Warrant strike price: | C$0.15
|
| Pricing date: | March 28
|
| Stock symbol: | TSX Venture: GGY
|
| Stock price: | C$0.115 at close March 28
|
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