Taipan Resources Inc: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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Taipan Resources Inc announces closing of C$6,000,000 private placement
Taipan Resources Inc:Closes non-brokered private placement.Gross proceeds of C$6,000,000 through issuance of 16,666,667 units at a price of C$0.36 per Unit.Company anticipates issuing up to an additional 1,111,111 Units, for additional gross proceeds of C$400,000, in the coming week.Intends to use the proceeds from the private placement for exploration expenditures and for general working capital purposes.
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