By Laura Lutz
Washington, Feb. 8 - Yukon Zinc Corp. arranged a private placement of flow-through shares for C$2 million.
The company plans to sell 6,451,613 flow-through shares at C$0.31 each.
The placement will be non-brokered.
Proceeds will be used for exploration around Wolverine in the Yukon Territory.
Settlement is expected on Feb. 12.
Yukon Zinc is a resource exploration company based in Vancouver, B.C.
| Issuer: | Yukon Zinc Corp.
|
| Issue: | Flow-through shares
|
| Amount: | C$2 million
|
| Shares: | 6,451,613
|
| Price: | C$0.31
|
| Warrants: | No
|
| Agent: | Non-brokered
|
| Pricing date: | Feb. 8
|
| Settlement date: | Feb. 12
|
| Stock symbol: | TSX Venture: YZC
|
| Stock price: | C$0.25 at close Feb. 8
|
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