Owner
Post by Franko10 ™ on Sept 20, 2004 10:57:16 GMT -5
December 31, 2001
Second Prospectus Closing
Jonathan Challis, President of Shore Gold Inc. (the “Corporation”), is pleased to announce that the Corporation has completed the second closing under the Corporation's previously announced Prospectus offering with the issuance on December 31, 2001 of 18,600 Series A Units at a price of $0.60 per Unit and 30,000 Series B Units at a price of $0.70 per Unit for gross proceeds of $32,160. 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 31, 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
Second Prospectus Closing
Jonathan Challis, President of Shore Gold Inc. (the “Corporation”), is pleased to announce that the Corporation has completed the second closing under the Corporation's previously announced Prospectus offering with the issuance on December 31, 2001 of 18,600 Series A Units at a price of $0.60 per Unit and 30,000 Series B Units at a price of $0.70 per Unit for gross proceeds of $32,160. 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 31, 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
