By Devika Patel
Knoxville, Tenn., Dec. 22 - Treasury Metals Inc. said it completed a C$1 million non-brokered private placement of stock.
The company sold 2,222,222 flow-through common shares at C$0.45 each.
Proceeds will be used for exploration and development of the Goliath Gold Project.
Toronto-based Treasury Metals is a mineral explorer.
| Issuer: | Treasury Metals Inc.
|
| Issue: | Flow-through common stock
|
| Amount: | C$1 million
|
| Shares: | 2,222,222
|
| Price: | C$0.45
|
| Warrants: | No
|
| Agent: | Non-brokered
|
| Settlement date: | Dec. 22
|
| Stock symbol: | Toronto: TML
|
| Stock price: | C$0.425 at close Dec. 21
|
| Market capitalization: | C$13.3 million
|
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