By Devika Patel
Knoxville, Tenn., July 30 - Nuinsco Resources Ltd. said it settled a private placement of stock, raising C$1.09 million.
The company sold 3,633,333 flow-through common shares at C$0.30 per share.
Proceeds will be used for exploration.
Based in Toronto, Nuinsco is a mineral exploration company focused on nickel, uranium, copper, zinc and gold.
| Issuer: | Nuinsco Resources Ltd.
|
| Issue: | Flow-through common shares
|
| Amount: | C$1.09 million
|
| Shares: | 3,633,333
|
| Price: | C$0.30
|
| Warrants: | No
|
| Settlement date: | July 29
|
| Stock symbol: | Toronto: NWI
|
| Stock price: | C$0.21 at close July 29
|
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