By Sheri Kasprzak
New York, July 27 - Contact Diamond Corp. said it has completed a private placement for C$2,035,000.
The company sold 3.7 million flow-through shares at C$0.55 each.
The proceeds will be used for exploration expenses.
Toronto-based Contact is a diamond exploration and development company with properties in Ontario, Quebec, the Northwest Territories and Nunavut.
| Issuer: | Contact Diamond Corp.
|
| Issue: | Flow-through shares
|
| Amount: | C$2,035,000
|
| Shares: | 3.7 million
|
| Price: | C$0.55
|
| Warrants: | No
|
| Settlement date: | July 27
|
| Stock price: | C$0.42 at close July 27
|
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
