Shore Gold Closes $4.7M Share Sale
December 31, 14
(IDEX Online News) – Shore Gold Inc. has closed a private placement of 21,906,700 Flow-Through Common Shares at a price of $0.25 per share for aggregate gross proceeds of $4.71 million (C$5,476,675).
The proceeds will be used by Shore to incur Canadian exploration expenses prior to December 31, 2015.
Shore is a Canada-based corporation engaged in the acquisition, exploration and development of mineral properties.