New Issue: Rubicon Minerals settles C$11.31 million placement of stock

By Sheri Kasprzak

New York, April 12 - Rubicon Minerals Corp. has concluded a C$11,308,028 private placement.

The company sold 7,640,560 shares at C$1.48 each.

TD Securities Inc. and Blackmont Capital Inc. were the underwriters.

The proceeds will be used for exploration on the Red Lake gold camp and for working capital.

Vancouver, B.C.-based Rubicon is a mineral exploration company.

Issuer:	Rubicon Minerals Corp.
Issue:	Stock
Amount:	C$11,308,028
Shares:	7,640,560
Price:	C$1.48
Warrants:	No
Underwriters:	TD Securities Inc., Blackmont Capital Inc.
Settlement date:	April 12
Stock symbol:	Toronto: RMX
Stock price:	C$1.56 at close April 12

© 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.