Intigold Mines arranges $1.1-million private placement
2013-01-31 13:13 ET - News Release
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Ms. Lori McClenahan reports
INTIGOLD MINES LTD ANNOUNCES NON BROKERED PRIVATE PLACEMENT RAISING GROSS PROCEEDS OF $1,100,000
Intigold Mines Ltd. has negotiated a non-brokered private placement of up to 10 million units at a price of 11 cents per unit to raise gross proceeds of up to $1.1-million. Each unit will consist of one common share and one common share purchase warrant. Each whole warrant will entitle the holder to purchase one additional common share at a price of 15 cents per share for a period of two years from closing. The private placement is subject to regulatory approval