Published on 2/19/2008 in the Prospect News PIPE Daily.
New Issue: Lake Shore Gold wraps C$64.8 million placement of stock
By Devika Patel
Knoxville, Tenn., Feb. 19 - Lake Shore Gold Corp. said it has completed a C$64.8 million private placement of shares.
The company sold 28,172,302 common shares at C$2.30 each.
Proceeds will be used to develop the company's Timmins West Mine and Bell Creek Mill.
Lake Shore is a mineral exploration company based in Vancouver, B.C.
Issuer: | Lake Shore Gold Corp.
|
Issue: | Common shares
|
Amount: | C$64,796,295
|
Shares: | 28,172,302
|
Price: | C$2.30
|
Warrants: | No
|
Settlement date: | Feb. 19
|
Stock symbol: | Toronto: LSG
|
Stock price: | C$1.90 at close Feb. 15
|
© 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.