Published on 7/30/2009 in the Prospect News PIPE Daily.
New Issue: North Queensland orchestrates A$4.09 million private placement of stock
By Devika Patel
Knoxville, Tenn., July 30 - North Queensland Metals Ltd. announced it will raise A$4.09 million in a private placement of shares.
The company will sell 19.93 million shares at A$0.205 per share.
The gold explorer has headquarters in Queensland, Australia.
| Issuer: | North Queensland Metals Ltd.
|
| Issue: | Ordinary shares
|
| Amount: | A$4,085,650
|
| Shares: | 19.93 million
|
| Price: | A$0.205
|
| Warrants: | No
|
| Pricing date: | July 30
|
| Stock symbol: | Australia: NQM
|
| Stock price: | A$0.245 at close July 30
|
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