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    Northern Freegold Closes Private Placement

    Investing News Network
    Dec. 01, 2011 03:14PM PST
    Gold Investing

    Northern Freegold Resources Ltd. (TSXV:NFR) has closed the private placement announced on October 18th, 2011. A total of 349,168 units have been completed for gross proceeds of CDN $104,750. All the units were taken up by directors and officers of the Company.

     Northern Freegold Resources Ltd. (TSXV:NFR) has closed the private placement announced on October 18th, 2011. A total of 349,168 units have been completed for gross proceeds of CDN $104,750. All the units were taken up by directors and officers of the Company.

    As quoted in the press release:

    Net proceeds from the private placement will be applied towards advancement of the Company’s Yukon mineral properties and for general working capital purposes.

    Click here to read the Northern Freegold Resources Ltd. (TSXV:NFR) press release
    Click here to see the Northern Freegold Resources Ltd. (TSXV:NFR) profile.

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