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Closing of Non-Brokered Private Placement for Lions Gate Metals
Feb. 22, 2012 02:47PM PST
Base Metals Investing Lions Gate Metals Inc.(TSXV:LGM) announced the closing of the second tranche of a non-brokered private placement. Lions Gate also announced the issuing of 1,000,000 flow-through units at $0.46 and 1,000,000 non-flow units at $0.40 for total gross proceeds of $860,000.
Lions Gate Metals Inc.(TSXV:LGM) announced the closing of the second tranche of a non-brokered private placement. Lions Gate also announced the issuing of 1,000,000 flow-through units at $0.46 and 1,000,000 non-flow units at $0.40 for total gross proceeds of $860,000.
As quoted in the press release:
The Company intends to utilize proceeds from the private placement to fund exploration work commitments on the Company’s properties located in British Columbia and for general working capital requirements.
Click here to read the Lions Gate Metals Inc. (TSXV:LGM) press release
Click here to see the Lions Gate Metals Inc. (TSXV:LGM) profile.
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