Owner
Post by Franko10 ™ on Sept 20, 2004 10:56:54 GMT -5
December 21, 2001
First Prospectus Closing
Jonathan Challis, President of Shore Gold Inc. (the “Corporation”), is pleased to announce that the Corporation has completed the first closing under the Corporation's previously announced Prospectus offering with the issuance on December 21, 2001 of 408,836 Series A Units at a price of $0.60 per Unit and 981,706 Series B Units at a price of $0.70 per Unit for gross proceeds of $932,495.80. Each Series A Unit consists of one common share in the capital stock of the Corporation (a “Common Share”) and one-half of one common share purchase warrant (a “Warrant”). Each Series B Unit consists of one flow-through Common Share and one-half of one Warrant. Each whole Warrant will entitle the holder to purchase one Common Share at a price of $0.70 at any time until 4:30 pm (Calgary time) on December 21, 2002.
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Shore is a Canadian-based corporation engaged in the acquisition, exploration and development of mineral properties. Shares of the Company trade on the TSX Venture Exchange under the trading symbol "SGF".
For further information please contact:
Kenneth E. MacNeill, President & C.E.O.; George Sanders, Vice President Corporate Development; or George H. Read, P. Geo., Vice President Exploration at (306) 664-2202
First Prospectus Closing
Jonathan Challis, President of Shore Gold Inc. (the “Corporation”), is pleased to announce that the Corporation has completed the first closing under the Corporation's previously announced Prospectus offering with the issuance on December 21, 2001 of 408,836 Series A Units at a price of $0.60 per Unit and 981,706 Series B Units at a price of $0.70 per Unit for gross proceeds of $932,495.80. Each Series A Unit consists of one common share in the capital stock of the Corporation (a “Common Share”) and one-half of one common share purchase warrant (a “Warrant”). Each Series B Unit consists of one flow-through Common Share and one-half of one Warrant. Each whole Warrant will entitle the holder to purchase one Common Share at a price of $0.70 at any time until 4:30 pm (Calgary time) on December 21, 2002.
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Shore is a Canadian-based corporation engaged in the acquisition, exploration and development of mineral properties. Shares of the Company trade on the TSX Venture Exchange under the trading symbol "SGF".
For further information please contact:
Kenneth E. MacNeill, President & C.E.O.; George Sanders, Vice President Corporate Development; or George H. Read, P. Geo., Vice President Exploration at (306) 664-2202
