By Laura Lutz
Des Moines, May 22 - Yukon Zinc Corp. intends to conduct a private placement for up to C$5 million.
The company plans to sell flow-through shares at C$0.31 each.
A syndicate led by Paradigm Capital Inc. and including Canaccord Adams, Dundee Securities Corp. and Orion Securities Inc. will act as agents.
Settlement is expected on June 8.
Proceeds will be used for the company's Wolverine project.
Yukon Zinc is a resource exploration and development company based in Vancouver, B.C.
| Issuer: | Yukon Zinc Corp.
|
| Issue: | Flow-through shares
|
| Amount: | C$5 million
|
| Price: | C$0.31
|
| Warrants: | No
|
| Agents: | Paradigm Capital Inc. (lead), Canaccord Adams, Dundee Securities Corp, Orion Securities Inc.
|
| Pricing date: | May 22
|
| Settlement date: | June 8
|
| Stock symbol: | TSX Venture: YZC
|
| Stock price: | C$0.26 at close May 22
|
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