By Laura Lutz
Des Moines, Jan. 16 - Luna Gold Corp. arranged a private placement of units for at least C$3 million.
The company plans to sell units of one share and one half-share warrant at C$0.45 per unit. Each whole warrant will be exercisable at C$0.70 for 18 months.
The private placement is being undertaken to satisfy a condition of the company's acquisition of the shares of Aurizona Goldfields Corp., which was announced on Dec. 21.
The deal will be non-brokered.
Luna Gold is a mining company based in Vancouver, B.C.
| Issuer: | Luna Gold Corp.
|
| Issue: | Units of one share and one half-share warrant
|
| Amount: | C$3 million
|
| Price: | C$0.45
|
| Warrants: | One half-share warrant per unit
|
| Warrant expiration: | 18 months
|
| Warrant strike price: | C$0.70
|
| Agent: | Non-brokered
|
| Pricing date: | Jan. 16
|
| Stock symbol: | TSX Venture: LGC
|
| Stock price: | C$0.44 at close Jan. 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.
