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

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Sniper Resources Ltd Arranges $500,000 Private Placement-Canada Stockwatch News

Friday, 26 Oct 2012 10:03am EDT 

Canada Stockwatch News reported that Sniper Resources Ltd. is arranging a non-brokered private placement of up to 10 million units at five cents per unit to raise gross proceeds of up to $500,000. Each unit will consist of one common share of the Company and one warrant to purchase an additional common share at 10 cents per share for a period of two years. Only qualified accredited investors or other qualified purchasers under applicable securities laws will be permitted to participate in the private placement. The proceeds of the private placement will be used for working capital purposes and for a phase 3 drilling program on the Weepah property based on the positive results of the phase 1 and phase 2 drilling programs completed earlier this year. 

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0.0050 +7.14%
16 Sep 2014