- Golden Share Resources (GSH) has closed its private placement for gross proceeds of $66,000
- The company issued 660,000 units priced at $0.10 per unit
- The company has also announced that it has granted incentive stock options to one consultant to purchase up to 100,000 common shares
- Golden Share Resources Corp is a junior natural resource company focusing on mineral exploration in Ontario
- Golden Share Resources Corporation (GSH) opened trading at C$0.105 per share
Golden Share Resources (GSH) has closed its private placement for gross proceeds of $66,000.
The company issued 660,000 units priced at $0.10 per unit. Each unit consists of one common share and one common share purchase warrant. Each warrant is exercisable for one common share at a price of $0.20 for a period of 18 months following the closing date of the offering.
No finder’s fees or commissions were paid.
Net proceeds will be used for general administrative and corporate purposes.
All of the securities issued will be subject to a four-month hold period.
The company has also announced that it has granted incentive stock options to one consultant to purchase up to 100,000 common shares, exercisable for 3 years.
Golden Share Resources is a natural resource company exploring in Ontario. Golden Share plans to commence drilling the best primary targets of the Ogoki Project for diamonds and the Kagiami Project for base and precious metals.
Golden Share Resources Corporation (GSH) opened trading at C$0.105 per share.