- The company issued 999,999 units at a price of $0.35 per unit for gross proceeds of $349,999.65
- Each unit consists of one flow-through common share and one-half of one transferable common share purchase warrant
- GSP paid cash finder’s fees of $21,699.96 and issued 61,999 non-transferable finder warrants to eligible brokers
- GSP Resource will complete the second tranche of its private placement in the near future
- GSP Resource is a mineral exploration & development company
- GSP Resource Corporation (GSPR) opened trading at C$0.24 per share
GSP Resource (GSPR) has closed the first tranche of its non-brokered private placement.
The company issued 999,999 units at a price of $0.35 per unit for gross proceeds of $349,999.65.
Each unit consists of one flow-through common share and one-half of one transferable common share purchase warrant. Each whole warrant entitles the holder to purchase one common share at a price of $0.50 for a period of three years following the date of issuance.
In connection with the closing of the First Tranche, GSP paid cash finder’s fees of $21,699.96 and issued 61,999 non-transferable finder warrants to eligible brokers.
Proceeds will fund exploration and development work on the company’s Alwin Mine Copper-Silver-Gold Project.
GSP Resource will complete the second tranche of its private placement in the near future.
GSP Resource is a mineral exploration & development company focused on projects located in Southwestern British Columbia.
GSP Resource Corporation (GSPR) opened trading at C$0.24 per share.