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Rathdowney to Invest $4.4 Million in Heatherdale Resources
Jul. 09, 2012 03:21PM PST
Base Metals Investing Rathdowney Resources (TSX:RTH) announced that it plans to invest $4.4 million in Heatherdale Resources (TSX:HTR) in order to acquire an interest in the Niblack project in Southeast Alaska.
Rathdowney Resources (TSX:RTH) announced that it plans to invest $4.4 million in Heatherdale Resources (TSX:HTR) in order to acquire an interest in the Niblack project in Southeast Alaska.
As quoted in the press release:
Under the terms of the deal, Rathdowney said it will subscribe for 22 million common shares of Heatherdale, in a private placement, at a price of 20 Canadian cents per share.
Click here to read the Rathdowney Resources (TSX:RTH) press release.
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