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Provider: Reuters Investment Profile
Provider: GlobalData
Provider: GlobalData
Provider: GlobalData

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Gunpoint Exploration Ltd Announces $2 million Equity Financing

Friday, 5 Oct 2012 09:00am EDT 

Gunpoint Exploration Ltd announced a non-brokered private placement to raise up to $2 million through the sale of 4 million units of the Company at a price of $.50 per unit. Each unit will consist of one common share of the company and one-half of one common share purchase warrant. Each full warrant will entitle the holder to purchase one additional common share at the price of $.75 for a period of one year from closing the offering. The net proceeds from the offering will be used by Gunpoint to finance the proposed work programs on its Nevada Talapoosa gold property and the Guatemalan El Escorpion silver property as well as for general corporate purposes. 

Company Quote

0.0050 +2.04%
16 Apr 2014