By Devika Patel
Knoxville, Tenn., July 8 - Atlanta Gold Inc. announced it will conduct a C$3 million non-brokered private placement of shares.
The company will sell 10,344,828 common shares at C$0.29 apiece.
Proceeds will be used for exploration and working capital.
Atlanta Gold is a Toronto-based gold exploration company.
| Issuer: | Atlanta Gold Inc.
|
| Issue: | Common shares
|
| Amount: | C$3 million
|
| Shares: | 10,344,828
|
| Price: | C$0.29
|
| Warrants: | No
|
| Agent: | Non-brokered
|
| Pricing date: | July 8
|
| Stock symbol: | Toronto: ATG
|
| Stock price: | C$0.30 at close July 7
|
| Market capitalization: | C$15.6 million
|
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