| Home : April 2015 : April 21, 2015 News : Northisle Announces Closing of Private Placement and Filing of Early Warning Report |
Northisle Announces Closing of Private Placement and Filing of Early Warning Report |
April 21, 2015
VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 20, 2015) - Northisle Copper and Gold Inc. ("Northisle" or the "Company") (TSX VENTURE:NCX) announces that it has closed a $114,000 private placement, as originally announced on March 23, 2015. The private placement consisted of the sale by Northisle of 3,800,000 common shares at a price of $0.03 per share. All of the securities issued pursuant to this private placement are subject to a hold period which will expire on August 14, 2015. No warrants were included in the private placement, and there were no commissions or finder's fees paid. The proceeds from the private placement will be used by Northisle to fund property maintenance and public company administrative expenses, including legal, audit and shareholder communication costs for the remainder of the year.
http://www.marketwired.com/mw/release.do?id=2011498&sourceType=3
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