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Provider: Reuters Investment Profile
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Provider: GlobalData
$250.00
Provider: GlobalData
$250.00

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Pistol Bay Mining Inc closes private placement


Thursday, 23 Jan 2014 06:30pm EST 

Pistol Bay Mining Inc:Says that it has closed the non-brokered private placement announced on Jan. 14.Says a total of 4,000,200 units will be issued as non flow-through units at a price of C$0.06 per unit for total proceeds of C$240,012.Says each unit will consist of one common share and one share purchase warrant.Says each warrant will entitle the holder to purchase one additional common share of the company at a price of C$0.10 per share for 18 months from the date of closing.Says shares, warrants and any shares issued upon exercise of the warrants are subject to a hold period of four months expiring May 24.Says the proceeds of the private placement will be used for general working capital. 

Company Quote

0.03
0.0050 +20.00%
18 Jul 2014