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Goldstrike Resources Ltd Secures $1.7 Million Institutionally Supported Financing


Tuesday, 12 Feb 2013 09:30am EST 

Goldstrike Resources Ltd announced that it has secured equity financing in the amount of $1,700,000, the majority of which has been placed with institutions. The financing, which is being carried out by way of a non-brokered private placement of common shares at the price of $0.20 per share, is fully funded and will complete as soon as the required filing has been accepted by the TSX Venture Exchange. It was arranged through Aberdeen Gould Capital Markets Ltd., an Exempt Market Dealer, and a select group of Canadian brokerage firms working with Aberdeen. Pursuant to its agreement with Aberdeen, the Company will pay cash compensation equal to 7% of the gross proceeds from the offering and, in addition, issue compensation warrants exercisable to purchase that number of shares which is equal to 7% of the number of shares issued by the Company on closing. Each compensation warrant will be exercisable to purchase one share for two years after closing at the price of $0.30. 

Company Quote

0.095
-0.0050 -5.00%
23 Oct 2014