New York, June 30 - Fair Sky Resources Inc. said it has completed a C$4,654,375 private placement.
The non-brokered deal includes 1,241,166 flow-through shares at C$3.75 each.
As announced on June 2, the company had been planning to sell up to 1.6 million shares for a total size of C$6 million.
The proceeds from the offering will be used for exploration on the company's properties in Saskatchewan and Alberta.
Based in Calgary, Alta., Fair Sky is an oil and natural gas exploration company.
| Issuer: | Fair Sky Resources Inc.
|
| Issue: | Flow-through shares
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| Amount: | C$4,654,375
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| Shares: | 1,241,166
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| Price: | C$3.75
|
| Warrants: | No
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| Placement agent: | Non-brokered
|
| Pricing date: | June 2
|
| Settlement date: | June 30
|
| Stock symbol: | TSX Venture: FSK
|
| Stock price: | C$2.90 at close June 2, C$2.75 at close June 30
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