| Gray Rock Closes Non-Brokered Private Placement | |
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VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 12, 2015) - Gray Rock Resources Ltd. (the "Company") (TSX VENTURE:GRK) is pleased to announce that it has completed a Non-Brokered Private Placement of 575,000 units at a price of $0.02 per unit for a gross proceeds of $11,500. The offering was initially announced on May 4, 2015. Each unit consists of one common share and one non-transferrable share purchase warrant. Each warrant will entitle the investor to purchase one additional common share at $0.05 for a term of two (2) years expiring on May 12, 2017. The securities issued under this private placement are subject to a four month and one day hold period, expiring on September 13, 2015. No commissions or fees are payable in connection with this financing. The net proceeds of this Offering will be used to maintain the Company's existing operations and general working capital requirements. ON BEHALF OF THE BOARD David Wolfin, President & CEO Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This release contains statements that are forward-looking statements and are subject to various risks and uncertainties concerning the specific factors disclosed under the heading "Risk Factors" and elsewhere in the Company's periodic filings with Canadian securities regulators. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. The Company does not assume the obligation to update any forward-looking statement.
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Gray Rock Resources Ltd.
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EXPLORATION STAGE |
CODE : GRK.V |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Gray Rock is a gold exploration company based in Canada. Its main exploration property is SILVER STREAM in Canada. Gray Rock is listed in Canada. Its market capitalisation is CA$ 2.2 millions as of today (US$ 1.7 millions, € 1.4 millions). Its stock quote reached its lowest recent point on April 29, 2016 at CA$ 0.02, and its highest recent level on September 15, 2017 at CA$ 0.57. Gray Rock has 12 539 961 shares outstanding. |