By Sheri Kasprzak
Atlanta, March 16 - Gulf International Minerals Ltd. said it has wrapped a private placement of stock for C$1.3 million.
The company sold 13 million shares at C$0.10 each.
Corporate Synergy plc was the placement agent in the offering.
Based in Toronto, Gulf International is a gold and silver exploration, acquisition and development company. It plans to use the proceeds from the deal to fund exploratory drilling for reserves and grade definition at deposits near three of its gold mines.
| Issuer: | Gulf International Minerals Ltd.
|
| Issue: | Stock
|
| Amount: | C$1.3 million
|
| Shares: | 13 million
|
| Price: | C$0.10
|
| Warrants: | No
|
| Placement agent: | Corporate Synergy plc
|
| Settlement date: | March 16
|
| Stock price: | C$0.07 at close March 16
|
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
