Non-brokered deal slated to fund exploration, general working capital
By Devika Patel
Knoxville, Tenn., Aug. 18 – NuLegacy Gold Corp. announced it plans a C$3.53 million non-brokered private placement of stock with Waterton Precious Metals Fund II Cayman, LP.
The company will sell 28.25 million common shares at C$0.125 each. The price per share is identical to the closing share price on Aug. 15.
Proceeds will be used for exploration on the Iceberg gold deposit, general working capital and other corporate purposes.
NuLegacy is a Reno, Nev.-based gold exploration company.
Issuer: | NuLegacy Gold Corp.
|
Issue: | Common stock
|
Amount: | C$3,531,250
|
Shares: | 28.25 million
|
Price: | C$0.125
|
Warrants: | No
|
Agent: | Non-brokered
|
Investor: | Waterton Precious Metals Fund II Cayman, LP
|
Settlement date: | Aug. 18
|
Stock symbol: | TSX Venture: NUG
|
Stock price: | C$0.125 at close Aug. 15
|
Market capitalization: | C$11.64 million
|
© 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.