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Provider: Thomson Reuters Stock Report
Provider: Streetwise Reports
Provider: Streetwise Reports
Provider: Reuters Investment Profile

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Goldstrike Resources Ltd Closes Financing

Wednesday, 20 Feb 2013 09:30am EST 

Goldstrike Resources Ltd announced that its non-brokered private placement announced on February 12, 2013 completed on February 19, 2013. The Company raised gross proceeds of $1,700,000 by issuing 8,500,000 shares at the price of $0.20 per share. The Company will pay to Aberdeen Gould Capital Markets Ltd. and its selling group, in the aggregate, cash compensation totaling $106,155, which is equal to 7% of the gross proceeds from a portion of the offering. In addition, the Company has issued compensation warrants exercisable to purchase up to an aggregate of 530,775 shares, which is equal to 7% of a portion of the shares issued by the Company pursuant to the offering. Each compensation warrant will be exercisable to purchase one share at the price of $0.30 until the close of business on February 19, 2015. The compensation warrants are non-transferable. All shares issued pursuant to the financing and any shares issued on the exercise of compensation warrants will be subject to a four-month hold period expiring at midnight on June 19, 2013. Proceeds from the offering will be used for exploration of the Company's Yukon mineral properties and for general working capital. 

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