By Devika Patel
Knoxville, Tenn., June 7 - North Country Gold Corp. said it plans a C$2 million private placement of stock on a commercially reasonable efforts basis.
The company will sell 6.25 million flow-through common shares at C$0.32 each through Canaccord Genuity Corp.
Settlement is expected June 29.
Proceeds will be used to conduct exploration on the Committee Bay Project in Nunavut.
The Edmonton, Alta.-based issuer explores for minerals.
| Issuer: | North Country Gold Corp.
|
| Issue: | Flow-through common shares
|
| Amount: | C$2 million
|
| Shares: | 6.25 million
|
| Price: | C$0.32
|
| Warrants: | No
|
| Agent: | Canaccord Genuity Corp.
|
| Pricing date: | June 7
|
| Settlement date: | June 29
|
| Stock symbol: | TSX Venture: NCG
|
| Stock price: | C$0.29 at close June 4
|
© 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.
