Company seeks funding for construction on Cogeneration Pilot Project
By Devika Patel
Knoxville, Tenn., May 11 – Golden Age Resources, Inc. said it negotiated a $7 million three-year equity line with a U.S. hedge fund on April 1.
Proceeds will be used for construction plans on the Cogeneration Pilot Project.
The energy provider is based in Palm Beach Gardens, Fla.
| Issuer: | Golden Age Resources, Inc.
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| Issue: | Equity line
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| Amount: | $7 million
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| Tenor: | Three years
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| Warrants: | No
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| Pricing date: | April 1
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| Stock symbol: | OTCBB: GDAR
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| Market capitalization: | $31,570
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