By Sheri Kasprzak
Atlanta, Dec. 21 - Mirabel Resources Inc. said Tuesday it sold 435 flow-through units at C$2,000 each for a total of C$870,000.
The units include 4,000 flow-through shares and 1,000 common shares at C$0.40 each.
With the latest issuance, the company has raised a total of C$2,533,000 in a private placement.
With this financing, the company has received enough funds to carry out its business plan for its thermal fragmentation license acquisition.
Mirabel, based in Pointe-Claire, Quebec, is a gold exploration and development company. It plans to use the proceeds from the offering for exploration work on its Denain and Lac Rose properties.
| Issuer: | Mirabel Resources Inc.
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| Issue: | Units of 4,000 flow-through shares and 1,000 common shares
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| Amount: | C$870,000
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| Shares: | 435 units
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| Price: | C$2,000
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| Warrants: | No
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| Settlement date: | Dec. 21
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| Stock price: | C$0.29 at close Dec. 20
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