Gold Canyon Completes $4,000,000 Private Placement

Company News

Gold Canyon Resources Inc. (CVE:GCU) announced that it has completed its private placement offering of 8,888,889 units at a subscription price of (Cdn)$0.45 per Unit for gross proceeds of (Cdn) $4,000,000.

Gold Canyon Resources Inc. (TSXV:GCU) announced that it has completed its private placement offering of 8,888,889 units at a subscription price of (Cdn)$0.45 per Unit for gross proceeds of (Cdn) $4,000,000.

The press release is quoted as saying:

Each Unit is comprised of one common share in the capital of the Company and one-half of one non-transferable share purchase warrant of the Company, each whole warrant exercisable at any time up to 4:30 p.m. (Vancouver time) on September 23, 2012 for one common share at a price of $0.65 per share.

Click here to access the entire press release

Click here to access Gold Canyon Resources Corporate Site

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