Kesselrun Resources Ltd: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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Kesselrun Resources Ltd Closes $2.22 Million Financing With Strategic Metals Ltd
Kesselrun Resources Ltd announced that it has closed the private placement financing (the Offering) with Strategic Metals Ltd (Strategic) previously announced November 14, 2012. Strategic has acquired 3,700,000 flow-through common shares (the FT Common Shares) of Kesselrun at a price of $0.60 per FT Common Share for gross proceeds of $2,220,000.00. Strategic now owns approximately 16 % of Kesselrun's issued and outstanding common shares. The proceeds from the sale of the FT Common Shares will be used for exploration and development of Kesselrun's flagship Bluffpoint project in Northwestern Ontario.
Latest Developments for Kesselrun Resources Ltd
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