Fire River Gold plans C$10 million private placement of equity units

BayFront Capital Partners assists in raising funds for Nixon Fork mine

By Devika Patel

Knoxville, Tenn., July 19 - Fire River Gold Corp. said it plans to price a C$10 million private placement of units. BayFront Capital Partners Ltd. will conduct the deal on a best-efforts basis.

The company will sell units of one common share and one warrant at a price to be determined.

Investors Sprott Asset Management LP and Waterton Global Value intend to participate.

Proceeds will be used for the further development of the company's Nixon Fork mine and for general working capital.

Vancouver, B.C.-based Fire River Gold is a mineral resource company.

© 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.