By Sheri Kasprzak
New York, June 21 - Leyshon Resources Ltd. concluded a £2,657,000 private placement.
A group of institutional investors bought 17,713,333 shares at 15p each.
Mirabaud Securities Ltd. was the placement agent.
Proceeds from the offering will be used for drilling at the Zheng Guang gold-zinc-silver project and for working capital.
Leyshon, based in West Perth, Western Australia, is a mineral exploration company.
Issuer: | Leyshon Resources Ltd.
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Issue: | Stock
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Amount: | £2,657,000
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Shares: | 17,713,333
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Price: | 15p
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Warrants: | No
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Placement agent: | Mirabaud Securities Ltd.
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Settlement date: | June 21
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Stock symbol: | London: LRL
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Stock price: | 15.25p at close June 20
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