By Sheri Kasprzak
New York, Oct. 10 - Boss Gold International Corp. said it has priced a C$1 million private placement.
The company intends to sell up to 4,938,271 units at C$0.2025 each.
The units are comprised of one share and one warrant. The warrants are exercisable at C$0.27 each for two years.
Proceeds will be used to repay debt.
Based in Vancouver, B.C., Boss is a gold exploration company.
| Issuer: | Boss Gold International Corp.
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| Issue: | Units of one share and one warrant
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| Amount: | C$1 million (maximum)
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| Units: | 4,938,271 (maximum)
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| Price: | C$0.2025
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| Warrants: | One warrant per unit
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| Warrant expiration: | Two years
|
| Warrant strike price: | C$0.27
|
| Pricing date: | Oct. 7
|
| Stock price: | C$0.27 at close Oct. 7
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