By Devika Patel
Knoxville, Tenn., Nov. 11 - Noront Resources Ltd. said it will conduct a C$20 million non-brokered private placement of stock.
The company will sell 25 million flow-through common shares at C$0.80 apiece.
Proceeds will be used for exploration.
Based in Toronto, Noront Resources is a gold exploration company.
| Issuer: | Noront Resources Ltd.
|
| Issue: | Flow-through common shares
|
| Amount: | C$20 million
|
| Shares: | 25 million
|
| Price: | C$0.80
|
| Warrants: | No
|
| Agents: | Non-brokered
|
| Pricing date: | Nov. 11
|
| Stock symbol: | TSX Venture: NOT
|
| Stock price: | C$0.71 at close Nov. 11
|
© 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.
