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Prosperity Goldfields Announced Private Placement of Up to C$3.5 Million
Oct. 26, 2012 10:00AM PST
Company NewsProsperity 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.
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
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