By Devika Patel
Knoxville, Tenn., Feb. 11 - Range River Gold Ltd. said it raised A$3 million in an private placement of shares.
The company sold 107.1 million shares at A$0.028 per share.
Patersons Securities Ltd. was the lead manager.
Proceeds will be used for exploration and working capital.
Based in Melbourne, Australia, Range River is a gold exploration company.
| Issuer: | Range River Gold Ltd.
|
| Issue: | Shares
|
| Amount: | A$3 million
|
| Shares: | 107.1 million
|
| Price: | A$0.028
|
| Warrants: | No
|
| Manager: | Patersons Securities Ltd. (lead)
|
| Settlement date: | Feb. 11
|
| Stock symbol: | Australia: RNG
|
| Stock price: | A$0.031 at close Feb. 11
|
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