Prosperity Goldfields Announced Private Placement of Up to C$3.5 Million

Company News

Prosperity Goldfields Corp. (TSXV:PPG) and a syndicate of agents led by Secutor Capital Management and including Jennings Capital Inc. arranged a brokered private placement. The Company plans to use the proceeds for exploration and drilling activities on the Kiyuk property this winter.

Prosperity Goldfields Corp. (TSXV:PPG) and a syndicate of agents led by Secutor Capital Management including Jennings Capital Inc. arranged a brokered private placement. The Company plans to use the proceeds for exploration and drilling activities on the Kiyuk property this winter.

As quoted in the press release:

The Offering will consist of the issuance of up to 15,000,000 flow-through units and 2,941,176 units (“Units”) on a best-efforts basis at a price of 20 cents per Flow-Through Unit and 17 cents per Unit, for aggregate gross proceeds of up to $3.5 million.

Click here to read the Prosperity Goldfields Corp. (TSXV:PPG) press release

Click here to see the Prosperity Goldfields Corp. (TSXV:PPG) profile