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    Otis Announces $2,200,000 Private Placement

    Investing News Network
    Oct. 18, 2010 04:08PM PST
    Silver Investing

    Otis Gold Corp. (TSE:OOO) reports a non-brokered private placement of up to 4,000,000 units at a price of $0.55 per unit. The aggregate gross proceeds of private placement is up to CDN$2,200,000.

    Otis Gold Corp. (TSX:OOO) reports a non-brokered private placement of up to 4,000,000 units at a price of $0.55 per unit. The aggregate gross proceeds of private placement is up to CDN$2,200,000.

    The press release is quoted as saying:

    Otis is a resource company focused on the acquisition, exploration, and development of precious metal deposits in Idaho. The Company is currently developing its flagship property, the Kilgore Gold Project, Clark County, Idaho and has several other gold, silver and base metal projects located in Idaho.

    Click here to access the entire press release

    Click here to access Otis Gold Corporate Site

    private placementotis gold corp.
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