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

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Stockport Exploration Inc Increases Private Placement Financing To $1,100,000 And Extends Closing Date


Tuesday, 12 Jun 2012 05:00pm EDT 

Stockport Exploration Inc announced that it is increasing its non-brokered private placement, announced on May 28, 2012, from CAD600,000 to CAD1,100,000. Stockport also announces the extension of the closing of the private placement from June 8, 2012 to an expected closing date of on or before June 15, 2012. In connection with the Offering, Stockport may pay finder's fees in an amount equal to 7% of the gross proceeds raised, payable in shares. Net proceeds of the Offering will be used for exploration of Stockport's mineral properties and for working capital. Specifically, some of the funds will be directed towards a detailed program designed to further quantify the extensive quartz vein pebble lag gold deposits recently discovered on the Kamwango Grid, at the Nyanza project in Kenya. 

Company Quote

0.06
0.0050 +9.09%
21 Apr 2014