Gulf International Minerals calls off C$1.875 million private placement

By Sheri Kasprzak

New York, Sept. 9 - Gulf International Minerals Ltd. said it has terminated its previously announced C$1,875,000 private placement.

In a statement Friday, the London-based gold and silver exploration company said it is "examining other avenues of potential financing."

On Aug. 15, the company announced its plans to sell up to 25 million shares at C$0.075 each.

Corporate Synergy plc had been the placement agent.

The company's stock closed unchanged at C$0.065 on Thursday.

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