| Lake Shore Gold Acquires Additional Equity Interest in IDM Mining Ltd. | |
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TORONTO, ONTARIO -- (Marketwired) -- 08/14/15 -- Lake Shore Gold Corp. ("Lake Shore Gold" or the "Company") (TSX:LSG)(NYSE MKT:LSG) reports that the Company has acquired 2,500,000 common shares (the "Shares") of IDM Mining Ltd. ("IDM") and warrants to acquire an additional 1,250,000 common shares of IDM (the "Warrants"), representing 5% of the outstanding shares of IDM on a partially diluted basis. Together with IDM shares already held by Lake Shore Gold, the Company now owns, or has the right to acquire, a total of 35,702,290 common shares of IDM, representing 37.6% of IDM's outstanding shares on a partially diluted basis.
Lake Shore Gold acquired the Shares and Warrants by way of a private placement financing first announced by IDM on May 19, 2015. Lake Shore Gold participated in the financing by purchasing 2,500,000 units (each comprising one common share and one half share purchase warrant) at a purchase price of $0.10 per unit. Lake Shore Gold purchased the units for investment purposes and has no current intention to acquire additional securities of IDM.
Source: Lake Shore Gold Corp.
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Lake Shore Gold Corporation
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PRODUCTEUR |
CODE : LSG.TO |
ISIN : CA5107281084 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Lake Shore Gold est une société de production minière d'or basée au Canada. Lake Shore Gold détient divers projets d'exploration au Canada. Son principal projet en production est TIMMINS MINE au Canada et ses principaux projets en exploration sont BELL CREEK, BLAKELOOK, THORNE, THUNDER CREEK, WEST TIMMINS et BAND ORE au Canada et LA BUFA, UNIVERSO, MONTAÑA DE ORO et LLUVIA DE ORO au Mexique. Lake Shore Gold est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 956,5 millions CA$ (734,7 millions US$, 646,6 millions €). La valeur de son action a atteint son plus bas niveau récent le 01 février 2002 à 0,02 CA$, et son plus haut niveau récent le 11 mars 2011 à 4,42 CA$. Lake Shore Gold possède 463 220 000 actions en circulation. |