By Devika Patel
Knoxville, Tenn., June 23 - Odyssey Resources Ltd. said it has completed a C$1.2 million private placement of stock.
The company sold 4.8 million flow-through common shares at C$0.25 per share.
Proceeds will be used for exploration.
Toronto-based Odyssey is a mining company focused on properties in the Mediterranean region.
Issuer: | Odyssey Resources Ltd.
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Issue: | Flow-through common shares
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Amount: | C$1.2 million
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Shares: | 4.8 million
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Price: | C$0.25
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Warrants: | No
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Settlement date: | June 23
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Stock symbol: | TSX Venture: ODX
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Stock price: | C$0.20 at close June 22
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Market capitalization: | C$5.34 million
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