Mountain Lake Resources Inc. (TSXV:MOA) is pleased to report that the non-brokered private placement financing announced December 16, 2011 has been closed to raise gross proceeds of $2,000,000 through the sale of 3,448,276 flow-through units at $0.58 per Unit to the MineralFields Group.
As quoted in the press release:
Each Unit consists of one flow-through common share and one-half of a transferable common share purchase warrant (the “Warrants”), with each full Warrant entitling the holder to purchase one additional common share at a price of $0.85 until June 22, 2013.
Limited Market Dealer Inc. received a cash finder’s fee of $100,000 in connection with this financing.
Click here to read the Mountain Lake Resources Inc. (TSXV:MOA) press release
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MARKETS
COMMODITIES
| Commodities | |||
|---|---|---|---|
| Gold | 1869.21 | +5.95 | |
| Silver | 22.58 | -0.05 | |
| Copper | 4.29 | +0.02 | |
| Palladium | 2264.00 | +62.00 | |
| Platinum | 965.50 | +28.50 | |
| Oil | 102.27 | -2.90 | |
| Heating Oil | 4.07 | -0.14 | |
| Natural Gas | 7.83 | +0.36 | |