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Parkside Resources Corporation Announced Closing of Secondary Offering

Investing News Network
Oct. 30, 2012 10:19AM PST
Company News

Parkside Resources Corporation (TSXV:PKS) announced the closing of the Secondary Offering. 2,417,000 flow-through common share units were issued at $0.12 per unit for gross proceeds of $290,040.

 Parkside Resources Corporation (TSXV:PKS) announced the closing of the Secondary Offering. 2,417,000 flow-through common share units were issued at $0.12 per unit for gross proceeds of $290,040.

As quoted in the press release:

The Company has issued 2,417,000 flow-through common share units (“Flow-Through Units”) at $0.12 per unit for gross proceeds of $290,040 (the “Secondary Offering”). Each Flow-Through Unit consists of one flow-through common share (the “Flow-Through Shares”) and one common share purchase warrant (the “Warrants”). Each Warrant entitles the holder thereof to acquire one common share in the capital of the Company at a price of $0.20 per common share until April 29, 2015.

Click here to read the Parkside Resources Corporation (TSXV:PKS) press release
Click here to see the Parkside Resources Corporation (TSXV:PKS) profile

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