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

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Sona Resources Corp Announces Non-Brokered Private Placement

Wednesday, 17 Jul 2013 05:00pm EDT 

Sona Resources Corp announced that it intends to proceed with a non-brokered private placement of up to 5,000,000 units (the Units) at an offering price of $0.30 per Unit, for gross proceeds of up to $1,500,000. Each Unit will consist of one common share and one-half of one warrant (a Warrant", with each whole Warrant entitling the holder to purchase, for a period of 24 months following the closing date, one additional common share of the Company at a price of $0.50 for the first 12 months and $0.60 thereafter. The net proceeds of the financing will be for general corporate expenses and to undertake further exploration at the Blackdome-Elizabeth Gold Project. 

Company Quote

22 Oct 2014