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Provider: Reuters Investment Profile

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Taipan Resources Inc announces closing of C$6,000,000 private placement

Monday, 7 Apr 2014 02:25am EDT 

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. 

Company Quote

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15 Sep 2014