By Devika Patel
Knoxville, Tenn., June 23 - Odyssey Resources Ltd. said it has completed a C$1.2 million private placement of stock.
The company sold 4.8 million flow-through common shares at C$0.25 per share.
Proceeds will be used for exploration.
Toronto-based Odyssey is a mining company focused on properties in the Mediterranean region.
| Issuer: | Odyssey Resources Ltd.
|
| Issue: | Flow-through common shares
|
| Amount: | C$1.2 million
|
| Shares: | 4.8 million
|
| Price: | C$0.25
|
| Warrants: | No
|
| Settlement date: | June 23
|
| Stock symbol: | TSX Venture: ODX
|
| Stock price: | C$0.20 at close June 22
|
| Market capitalization: | C$5.34 million
|
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