By Sheri Kasprzak
New York, Sept. 7 - Miranda Gold Corp. said it has arranged a private placement of units for C$1.8 million.
The company intends to sell 2 million units on a non-brokered basis at C$0.90 each.
The units are comprised of one share and one half-share warrant. The whole warrants are exercisable at C$1.15 each for two years.
Proceeds from the offering will be used for working capital.
Based in Vancouver, B.C., Miranda Gold is a gold exploration company.
| Issuer: | Miranda Gold Corp.
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| Issue: | Units of one share and one half-share warrant
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| Amount: | C$1.8 million
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| Units: | 2 million
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| Price: | C$0.90
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| Warrants: | One half-share warrant per unit
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| Warrant expiration: | Two years
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| Warrant strike price: | C$1.15
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| Pricing date: | Sept. 6
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| Stock price: | C$1.06 at close Sept. 6
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