By Sheri Kasprzak
New York, July 11 - Yukon Gold Corp., Inc. priced a C$2.1 million private placement.
The placement includes up to 1.5 million flow-through units of one share and one warrant at C$1.40 each.
The warrants are exercisable for two years. The strike price of the warrants could not be determined by press time Tuesday.
The deal is scheduled to close July 20.
Proceeds will be used for development and exploration on the sulphide resource and gold and silver property in the Yukon.
Toronto-based Yukon is a gold and silver exploration company.
| Issuer: | Yukon Gold Corp., Inc.
|
| Issue: | Units of one flow-through share and one warrant
|
| Amount: | C$2.1 million
|
| Units: | 1.5 million
|
| Price: | C$1.40
|
| Warrants: | One warrant per unit
|
| Warrant expiration: | Two years
|
| Pricing date: | July 11
|
| Settlement date: | July 20
|
| Stock symbol: | Toronto: YK
|
| Stock price: | C$1.00 at close July 11
|
|
|
© 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.
