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Calico Closes Private Placement for Total Gross Proceeds of $1,922,700
Apr. 26, 2012 01:09PM PST
Gold InvestingCalico Resources Corp.(TSXV:CKB) announced the closing of its previously announced private placement. The Company closed the March 26th announced placement for gross proceeds of $1,922,700.The proceeds from the placement will be used for exploration and development of Calico’s Grassy Mountain project.
Calico Resources Corp.(TSXV:CKB) announced the closing of its previously announced private placement. The Company closed the March 26th announced placement for gross proceeds of $1,922,700.The proceeds from the placement will be used for exploration and development of Calico’s Grassy Mountain project.
As quoted in the press release:
The total gross proceeds raised in this placement amount to $1,922,700. Each unit consists of one common share and one-half of one share purchase warrant. Each full warrant is exercisable into one additional common share at a price of $0.50 per share for a period of two years, expiring April 25, 2014.
Click here to read the Calico Resources Corp. (TSXV:CKB) press release
Click here to see the Calico Resources Corp. (TSXV:CKB) profile
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