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Provider: Reuters Investment Profile

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Phoenix Gold Resources Corp announces $450,000 private placement and $50,000 shares-for-debt transaction

Friday, 8 Aug 2014 08:00am EDT 

Phoenix Gold Resources Corp:Intends to complete non-brokered private placement of up to $450,000 and has made arrangements to settle $50,000 , owed to creditor in connection with consulting services provided to the company.Says non-brokered private placement of up to 4,500,000 units at price of $0.10 per unit for gross proceeds of up to $450,000.Proceeds of private placement will be used for the advancement of the exploration and development expenses of the company's properties and for additional working capital. 

Company Quote

0.0050 +12.50%
24 Oct 2014