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Goldeye Explorations Ltd announces completion of first tranche of private placement


Monday, 23 Dec 2013 09:02am EST 

Goldeye Explorations Ltd:Says completion of the first tranche of a partially brokered private placement of up to a total of $1,500,000 offered through the sale of a combination of up to 15,000,000 hard dollar units at $0.10 per unit; and up to 13,636,364 flow-through units at $0.11 per unit.Says each hard dollar unit consists of one common share and one warrant.Says each flow-through unit consists of one flow-through common share and one-half of a warrant.Says each whole warrant entitles the holder to purchase one additional common share for 24 months at a price of $0.15 per share.Says the proceeds of the flow-through financing will be used to carry out mineral exploration on the Weebigee Project that qualifies as Canadian Exploration Expenses.Says the hard dollar financing will be used to pay costs of the private placement, general administrative expenses and overhead. 

Company Quote

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16 Dec 2014