Duncastle Closes Private Placement
August 18 2009 - 3:25PM
Marketwired
Duncastle Gold Corp. (TSX VENTURE: DUN)(FRANKFURT: 5D3) reported
that it has now closed its previously announced (August 6/09)
non-brokered unit private placement for gross proceeds of
C$135,000. The private placement was fully subscribed and consisted
of 1.5 million units at a price of C$0.09 per unit. Each unit
issued was comprised of one common share and one share purchase
warrant, with each warrant exercisable to purchase one additional
common share at an exercise price of C$0.15 per share for a period
of two years.
The common shares and share purchase warrants issued pursuant to
this private placement carry a legend restricting trading of the
securities until December 19, 2009.
The company also reported that the previously announced (August
6/09) non-brokered flow-through private placement of up to 3.5
million units at a price of C$0.11 per unit has been fully
subscribed and is expected to close later this week.
On behalf of the Board of Directors,
Lawrence Page, Q.C., President, Director, Duncastle Gold
Corp.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: Duncastle Gold Corp. Jay Oness 1.888.456.1112 or
604.641.2771 corpdev@mnxltd.com www.duncastlegoldcorp.com
(TSXV:DUN)
Historical Stock Chart
From Jun 2024 to Jul 2024
(TSXV:DUN)
Historical Stock Chart
From Jul 2023 to Jul 2024
Real-Time news about (TSX Venture Exchange): 0 recent articles
More Duncastle Gold Corp. News Articles