- Winshear Gold (WINS) has closed its non-brokered private placement for gross proceeds of $651,300
- The company issued 10,855,000 units at $0.06 per unit
- Proceeds will be used for exploration, corporate development and general working capital purposes
- Winshear Gold is a Canadian junior exploration company
- Winshear Gold Corp. (WINS) opened trading at C$0.05
Winshear Gold (WINS) has closed its previously announced non-brokered private placement for gross proceeds of $651,300.
The company issued 10,855,000 units at $0.06 per unit. Each unit includes one common share and one half of one common share purchase warrant. Each full warrant will allow the holder to purchase one additional common share for a period of 24 months from the closing date of the financing.
Proceeds from the financing will be used for exploration, corporate development and general working capital purposes.
All securities issued will be subject to a statutory four-month hold period.
Winshear Gold is a Canadian junior exploration company focused on the exploration and development of the Gaban Gold project and the Tinka Iron Oxide Copper Gold project in Peru and SMP Gold Project in Tanzania.
Winshear Gold Corp. (WINS) opened trading at C$0.05.
