By Devika Patel
Knoxville, Tenn., Dec. 30 - Threegold Resources Inc. said it completed a private placement of units for C$1.2 million.
The company sold 1,200 units at C$1,000 each.
Each unit consists of 5,714 flow-through shares and 2,000 non flow-through shares.
Desjardins Securities Inc. was the agent.
Proceeds will be used for exploration on the company Quebec properties and for working capital and general corporate purposes.
Threegold is a resource exploration company based in Val-d'Or, Quebec.
| Issuer: | Threegold Resources Inc.
|
| Issue: | Units of 5,714 flow-through shares and 2,000 non flow-through shares
|
| Amount: | C$1.2 million
|
| Units: | 1,200
|
| Price: | C$1,000
|
| Warrants: | No
|
| Agent: | Desjardins Securities Inc.
|
| Settlement date: | Dec. 30
|
| Stock symbol: | TSX Venture: THG
|
| Stock price: | C$0.085 at close Dec. 30
|
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