Resource Capital buys 4,255,320 shares through non-brokered offering
By Devika Patel
Knoxville, Tenn., Sept. 2 – Corvus Gold Inc. said it completed a C$2 million non-brokered private placement of stock with Resource Capital Fund VI LP.
The company sold 4,255,320 common shares at C$0.47 per share. The price per share is a 6% discount to the Sept. 1 closing share price of C$0.50 and is also based on the five-day volume weighted average price ending Aug. 28, the company said in a press release.
The gold explorer is based in Vancouver, B.C.
| Issuer: | Corvus Gold Inc.
|
| Issue: | Common shares
|
| Amount: | C$2 million
|
| Shares: | 4,255,320
|
| Price: | C$0.47
|
| Warrants: | No
|
| Agents: | Non-brokered
|
| Investor: | Resource Capital Fund VI LP
|
| Settlement date: | Sept. 2
|
| Stock symbol: | Toronto: KOR
|
| Stock price: | C$0.50 at close Sept. 1
|
| Market capitalization: | C$38.88 million
|
|
|
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
