By Devika Patel
Knoxville, Tenn., July 13 - Belvedere Resources Ltd. said it arranged a €2 million convertible debenture financing with Investec Resources.
Proceeds will be applied to working capital and financing feasibility studies for the Kopsa gold deposit.
Belvedere is a resource company based in Vancouver, B.C.
| Issuer: | Belvedere Resources Ltd.
|
| Issue: | Convertible debenture
|
| Amount: | €2 million
|
| Warrants: | No
|
| Investor: | Investec Resources
|
| Pricing date: | July 13
|
| Stock symbol: | TSX Venture: BEL
|
| Stock price: | C$0.125 at close July 12
|
| Market capitalization: | C$12.79 million
|
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