By Laura Lutz
Des Moines, May 18 - Atlanta Gold Inc. raised C$270,000 from the final tranche of its previously announced private placement of shares, bringing the total deal size to C$3,349,800.
In total, the company sold 3.722 million common shares at C$0.90 each.
The second tranche included 300,000 shares.
The first tranche, for 3.422 shares, settled on May 18.
Proceeds will be used for exploration and working capital.
Atlanta is a Toronto-based gold exploration company.
Issuer: | Atlanta Gold Inc.
|
Issue: | Shares
|
Amount: | C$3,349,800
|
Shares: | 3.722 million
|
Price: | C$0.90
|
Warrants: | No
|
Pricing date: | April 16
|
Settlement date: | May 1 (for C$3,079,800); May 18 (for C$270,000)
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Stock symbol: | Toronto: ATG
|
Stock price: | C$1.25 at close April 16
|
Stock price: | C$1.02 at close May 1
|
Stock price: | C$0.94 at close May 18
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