Parkside Resources Announced Non-Brokered Private Placement of $500,000

Company News

Parkside Resources Corporation (TSXV:PKS) announced a non-brokered private placement for gross proceeds of up to $500,000. The Company plans to use the proceeds to fund a portion of the winter 2013 drill program on the Forester Lake Property. Its Non-Flow-Through Units are at a price of $0.10 per Unit, and the Flow-Through Units are at a price of of $0.12 per FT Unit.

As quoted in the press release:

A non-brokered private placement comprised of 3,000,000 Non-Flow-Through Units (“Unit”) at a price of $0.10 per Unit; and 1,666,666 Flow-Through Units (“FT Unit”) at a price of $0.12 per FT Unit for gross proceeds of up to $500,000.

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