Giyani Gold Corp: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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Giyani Gold Corp Announces Closing Of Over Subscribed Private Placement
Giyani Gold Corp announced that it has successfully closed its previously announced private placement of units for aggregate gross proceeds of $2,473,550. Each of the 2,150,913 Units issued was issued at a price of $1.15 and was offered on the same terms and conditions as previously disclosed by the Company on December 13, 2011 with each whole warrant exercisable by the holder thereof into one Common Share at a price of $1.40 per Common Share up to and including July 16, 2013. The Company has received final acceptance from the TSX Venture Exchange of the securities being issued pursuant to the Unit Private Placement. Such securities will be issued in reliance upon exemptions from the prospectus and registration requirements of applicable Canadian securities legislation, and will be subject to a hold period until May 17, 2012.
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