Goldeye Explorations Limited Announces Completion of a Private Placement
January 07 2014 - 8:48AM
Marketwired
Goldeye Explorations Limited Announces Completion of a Private
Placement
TORONTO, ONTARIO--(Marketwired - Jan 7, 2014) - Goldeye
Explorations Limited (TSX-VENTURE:GGY) wishes to announce
completion of the second tranche of a partially brokered private
placement previously announced on December 23, 2013 resulting in an
additional $199,130 from the sale of an additional 1,810,273
flow-through units. The first and second tranche together resulted
in total gross proceeds of $724,449.96 from the sale of 6,040,455
flow-through units at $0.11 per unit and 600,000 hard dollar units
at $0.10 per unit. Each hard dollar unit consists of one common
share and one warrant. Each flow-through unit consists of one
flow-through common share and one-half of a warrant. Each whole
warrant entitles the holder to purchase one additional common share
for 24 months at a price of $0.15 per share.
Goldeye paid a total of $49,941.50 cash commissions in
connection with this financing. All of the securities are subject
to a four month hold period expiring between April 12, 2014 and May
1, 2014.
The proceeds of the flow-through financing will be used to incur
mineral exploration on the Weebigee Project qualifying as Canadian
Exploration Expense (CEE) under the Income Tax Act
(Canada), enabling the subscriber to obtain applicable tax credits
and deductions. The hard dollar financing will be used to pay costs
of the private placement, general administrative expenses and
overhead.
On behalf of the Board of Directors,
Blaine Webster, P.Geo., President and CEO
ABOUT GOLDEYE
Goldeye is a Canadian gold-focused exploration company with
properties in mineral rich, politically secure jurisdictions having
long traditions of mining. Weebigee is Goldeye's flagship project.
In Canada, Goldeye also holds a 24.5% interest in the Todd Property
in British Columbia's Golden Triangle, a 100% interest in the Gold
Rock and West Shining Tree properties in Ontario, and additional
claims in Tyrrell Twp. In Chile, Goldeye owns 100% of the
Sonia-Puma property located 180 km north of Santiago. Additional
information can be found at www.goldeye.ca.
***PLEASE NOTE OUR NEW ADDRESS***
100 West Beaver Creek Rd., Unit 2 |
Richmond Hill, Ontario |
L4B 1H4 |
Shares Issued after Financing: 38,139,097
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.
Goldeye Explorations LimitedBlaine Webster, P. Geo.President and
CEO416-315-9708bwebster@goldeye.caGoldeye Explorations LimitedRobin
Luke WebsterManager, Corporate Affairs and Community
Relations416-877-6389rwebster@goldeye.cawww.goldeye.ca
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