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Red Pine Exploration Inc closes over-subscribed brokered private placement


Thursday, 19 Dec 2013 08:00am EST 

Red Pine Exploration Inc:Says it has closed its previously announced brokered private placement of securities of the company.Says IBK Capital Corp. acted as agent for the Offering.Says the company had initially sought to raise up to C$1,000,000 and up to C$300,000 on a flow-through and non-flow through basis respectively.Says the Offering was oversubscribed, raising gross proceeds of $1,267,500 through the FT Offering and $332,500 through the Non-FT Offering, resulting in total gross proceeds of $1,600,000. 

Company Quote

0.015
0.0050 +33.33%
16 Dec 2014