By Laura Lutz
Des Moines, April 27 - Evolving Gold Corp. closed a private placement of units for C$3,013,250.
The company sold 12.053 million units of one share and one transferable warrant at C$0.25 per unit. Each warrant will be exercisable at C$0.35 until April 26, 2009.
Pacific International Securities Inc. acted as agent.
Proceeds will be used for acquisitions, exploration and working capital.
Evolving Gold is a Vancouver, B.C.-based gold exploration company.
Issuer: | Evolving Gold Corp.
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Issue: | Units of one share and one warrant
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Amount: | C$3,013,250
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Units: | 12.053 million
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Price: | C$0.25
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Warrants: | One per unit
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Warrant expiration: | April 26, 2009
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Warrant strike price: | C$0.35
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Agent: | Pacific International Securities Inc.
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Settlement date: | April 27
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Stock symbol: | CNQ: GOLD
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Stock price: | C$0.38 at close April 26
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