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Kivalliq Closes Final Tranche of $5 Million Non-Brokered Private Placement
Apr. 05, 2011 08:24PM PST
Company NewsKivalliq Energy Corporation (CVE:KIV) reports that it has closed the final tranche of the private placement financing announced March 7, 2011.
Kivalliq Energy Corporation (TSXV:KIV) reports that it has closed the final tranche of the private placement financing announced March 7, 2011.
The press release is quoted as saying:
The Company intends to use the net proceeds of the Offering to explore and develop Kivalliq’s high-grade Lac Cinquante uranium deposit, located within the Angilak Property within Nunavut, Canada, and for general working capital purposes.
Click here to access the entire news release.