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Rights Issue and Shortfall
Bayfield Ventures arranges a non-brokered private placement
Bayfield Ventures Corp. (TSX VENTURE:BYV) (FRANKFURT:B4N) reported that the company has arranged a non-brokered private placement to raise up to $2,502,500 by the issuance of up to 7,150,000 flow-through units at a price of $0.35 per FT Unit.
Bayfield Ventures Corp. (TSX VENTURE:BYV) (FRANKFURT:B4N) reported that the company has arranged a non-brokered private placement to raise up to $2,502,500 by the issuance of up to 7,150,000 flow-through units at a price of $0.35 per FT Unit.
The press release is quoted as saying:
Bayfield Ventures Corp. is exploring for gold in the Rainy River and Red Lake districts of northwestern Ontario.
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