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Goldeye Explorations Ltd Announces Extension Of Proposed Private Placement


Thursday, 18 Jul 2013 12:47pm EDT 

Goldeye Explorations Ltd announced completion of first tranche of a partially brokered private placement of (i) up to 5,000,000 non flow-through units at $0.05 per unit; and (ii) up to 10,000,000 flow-through units at $0.05 per unit. Each non flow-through unit consists of one common share and one common share purchase warrant with each warrant entitling the holder to purchase one additional common share for 24 months at a price of $0.10 per share. Each flow-through unit consists of one common share and one-half of a common share purchase warrant with each whole warrant entitling the holder to purchase one additional common share for 12 months at a price of $0.10 per share. All of the securities will be subject to a four month hold period. Goldeye announced that it has, subject to acceptance by the TSX Venture Exchange, extend the closing of the private placement to August 16, 2013. The proceeds of the private placement will be used on Goldeye's upcoming work program at the Weebigee Project near Sandy Lake, Ontario. 

Company Quote

0.065
-0.0050 -7.14%
16 Sep 2014