By Devika Patel
Knoxville, Tenn., Dec. 6 - Murgor Resources Inc. said it has completed a C$1.63 million private placement of shares.
The company sold 1.6 million flow-through common shares at C$1.02 each to Mavrix.
Proceeds will be used for exploration.
Murgor is a mineral exploration company with a focus on zinc, copper and gold exploration. The company is based in Montreal.
| Issuer: | Murgor Resources Inc.
|
| Issue: | Flow-through common shares
|
| Amount: | C$1,632,000
|
| Shares: | 1.6 million
|
| Price: | C$1.02
|
| Warrants: | No
|
| Investor: | Mavrix
|
| Settlement date: | Dec. 6
|
| Stock symbol: | TSX Venture: MGR
|
| Stock price: | C$0.69 at close Dec. 5
|
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