Proceeds to be used for exploration and working capital purposes
By Angela McDaniels
Tacoma, Wash., May 7 - Evrim Resources Corp. said it arranged a 5 million share non-brokered private placement at C$0.32 per share for C$1.6 million of proceeds.
The price per share is the same as the company's closing share price on May 6.
Finder's fees of 6% will be paid to eligible parties in conjunction with the placement, according to a company news release.
Proceeds will be used for exploration and working capital purposes.
Evrim Resources is a mineral exploration company based in Vancouver, B.C.
| Issuer: | Evrim Resources Corp.
|
| Issue: | Common stock
|
| Amount: | C$1.6 million
|
| Shares: | 5 million
|
| Price: | C$0.32
|
| Warrants: | No
|
| Agent: | Non-brokered
|
| Settlement date: | May 7
|
| Stock symbol: | TSX Venture: EVM
|
| Stock price: | C$0.32 at close May 6
|
| Market capitalization: | C$9.04 million
|
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