By Devika Patel
Knoxville, Tenn., Nov. 24 - Donner Metals Ltd. said it will conduct a C$1 million private placement of stock.
The company will sell 6.25 million flow-through common shares at C$0.16 apiece.
Proceeds will be used for exploration.
Based in Vancouver, B.C., Donner is a mineral exploration company.
| Issuer: | Donner Metals Ltd.
|
| Issue: | Flow-through common shares
|
| Amount: | C$1 million
|
| Shares: | 6.25 million
|
| Price: | C$0.16
|
| Warrants: | No
|
| Pricing date: | Nov. 24
|
| Stock symbol: | TSX Venture: DON
|
| Stock price: | C$0.11 at close Nov. 24
|
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