By Sheri Kasprzak
New York, Jan. 4 - Unigold Inc. said it has priced a C$1 million private placement.
The company intends to sell up to 4,444,444 shares at C$0.225 each.
The non-brokered offering is expected to close Jan. 17.
Proceeds will be used for exploration on the company's properties in the Dominican Republic.
Based in Toronto, Unigold is a gold exploration and development company.
| Issuer: | Unigold Inc.
|
| Issue: | Stock
|
| Amount: | C$1 million (maximum)
|
| Shares: | 4,444,444 (maximum)
|
| Price: | C$0.225
|
| Warrants: | No
|
| Placement agent: | Non-brokered
|
| Pricing date: | Jan. 4
|
| Settlement date: | Jan. 17
|
| Stock price: | C$0.40 at close Jan. 4
|
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