Crosshair:Property Acquisition, Financing and Share Consolidation

Crosshair Exploration & Mining Corp. (TSX:CXX, AMEX:CXZ) reports its acquisition, financing and share consolidation.

The press release is quoted as saying:

The Company will also be undertaking a financing for aggregate gross proceeds of up to $10 million (the “Offering”) and will be consolidating its common shares on the basis of one post-consolidation common share for every four pre-consolidation common shares.

Click here to access the entire news release.