Parkside Resources Corporation Closed Non-Brokered Private Placement

Resource Investing News

Parkside Resources Corporation (TSXV:PKS) announced that they have closed their non-brokered private placement. The Company issued 1,027,000 flow-through common share units at $0.12 per unit for gross proceeds of $123,240. They also issued 205,000 units at $0.10 per unit for gross proceeds of $20,500. The Company plans to use proceeds to fund a portion of the winter 2013 drill program on the Forester Lake Property.

As quoted in the press release:

In connection with the Offering, Macquarie Private Wealth Inc. received a cash finder’s fee of $3,804 and was issued 31,700 finder’s warrants and Accilent Capital Management Inc. received a cash finder’s fee of $5,250 and was issued 43,750 finder’s warrants.

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