| Northern Shield Completes First Tranche of Financing for Gross Proceeds of $1,000,000 | |
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Submitted by Nsadmin on Tue, 07/12/2016 - 13:54
Ottawa, Ontario (June 30, 2016) - Northern Shield Resources Inc. ('Northern Shield' or the 'Company') [TSX-V: NRN] is pleased to announce that it has completed the first tranche of a non-brokered private placement (the 'Private Placement') of 6,250,000 units ('Units') at a price of $0.16 per Unit for aggregate gross proceeds of $1,000,000. Each Unit is comprised of one common share in the capital of Northern Shield (a 'Common Share') and one half of one Common Share purchase warrant (a 'Warrant'). Each whole warrant is exercisable for one Common Share at a price of $0.22 per share until July 1, 2019 provided that should the Common Shares trade on the TSX Venture Exchange (the 'TSXV') for 20 consecutive trading days at a price equal to or more than $0.50, the Warrants will expire five days later. The Common Shares and Warrants underlying the Units are subject to a four month hold period from the date of issuance and the Private Placement remains subject to the final approval of the TSX Venture Exchange. + Read More
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Northern Shield Resources Inc.
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EXPLORATEUR |
CODE : NRN.V |
ISIN : CA6657201084 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Northern Shield Res. est une société d’exploration minière et de palladium basée au Canada. Northern Shield Res. détient divers projets d'exploration au Canada. Ses principaux projets en exploration sont WABASSI, FAINT HOPE, FRIDAY CREEK et HIGHBANK LAKE au Canada. Northern Shield Res. est cotée au Canada et en Allemagne. Sa capitalisation boursière aujourd'hui est 8,2 millions CA$ (6,0 millions US$, 5,6 millions €). La valeur de son action a atteint son plus haut niveau récent le 29 décembre 2006 à 1,46 CA$, et son plus bas niveau récent le 11 août 2022 à 0,01 CA$. Northern Shield Res. possède 205 040 000 actions en circulation. |