| Coral Closes Non-Brokered Private Placement | |
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VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 10, 2015) - Coral Gold Resources Ltd. (the "Company") (TSX VENTURE:CLH)(CLHRF)(BERLIN:GV8)(FRANKFURT:GV8) is pleased to announce that it has completed a Non-Brokered Private Placement of 3,500,000 units at a price of $0.05 per unit for a gross proceeds of $175,000. The offering was initially announced on August 14, and August 24, 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 in the capital of the Company at an exercise price of $0.10 for a term of two (2) years expiring on September 10, 2017. The securities issued under this private placement are subject to a four month and one day hold period, expiring on January 11, 2016. No commissions or fees are payable in connection with this financing. The net proceeds of this Offering will be used to maintain the Company's existing operations and general working capital requirements. ON BEHALF OF THE BOARD David Wolfin, President & Chief Executive Officer Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This release contains statements that are forward-looking statements and are subject to various risks and uncertainties concerning the specific factors disclosed under the heading "Risk Factors" and elsewhere in the Company's periodic filings with Canadian securities regulators. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. The Company does not assume the obligation to update any forward-looking statement.
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Coral Gold Resources Ltd.
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EXPLORATEUR |
CODE : CLH.V |
ISIN : CA2180022022 |
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Coral Gold est une société d’exploration minière d'or basée au Canada. Coral Gold détient divers projets d'exploration en USA. Ses principaux projets en exploration sont NORMA SASS CLAIMS, RUF, EXCLUDED, ROBERTSON et ROBERTSON CORE en USA. Coral Gold est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 54,2 millions CA$ (41,2 millions US$, 34,9 millions €). La valeur de son action a atteint son plus haut niveau récent le 10 octobre 1997 à 9,90 CA$, et son plus bas niveau récent le 12 février 2016 à 0,05 CA$. Coral Gold possède 48 850 000 actions en circulation. |