The Prospector News

Colorado Announces Flow-Through Financing

You have opened a direct link to the current edition PDF

Open PDF Close
Uncategorized

Share this news article

 

 

 

 

 

COLORADO RESOURCES LTD. (TSX VENTURE:CXO) is pleased to announce it will conduct a non-brokered flow through private placement of up to 5,000,000 flow-through common shares of Colorado at a price of $0.80 per Flow-Through Share for gross proceeds of $4,000,000 of which 2,500,000 Flow-Through Shares have been allocated to one institutional purchaser.
 

Proceeds from the Financing will be used primarily to advance exploration activities on the Company’s North ROK and other Canadian properties.
 

Colorado may pay finder’s fees on a portion of the Financing in accordance with TSX Venture Exchange guidelines. All securities issued under the Financing will be subject to a four month hold period from the date of issuance. The proposed Financing is subject to the approval from the Exchange.
 

About Colorado
 

Colorado is engaged in the business of mineral exploration for the purpose of acquiring and advancing mineral properties located in British Columbia and the Yukon and is also aggressively seeking quality properties in the US southwest and Latin America. Colorado’s current exploration focus is on the Red Chris area.

Posted June 24, 2013

Share this news article

MORE or "UNCATEGORIZED"


Fortuna Reports First Quarter 2021 Financial Results

Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) reported record... READ MORE

May 10, 2021

McEwen Mining Reports Upbeat Exploration & Delineation Results

Including true width intervals of 6.08 g/t Au over 25.7 m at Stoc... READ MORE

May 10, 2021

Imperial Reports First Quarter 2021 Financial Results

Imperial Metals Corporation (TSX:III) reports financial results ... READ MORE

May 10, 2021

McEwen Mining: Q1 2021 Results

McEwen Mining Inc. (NYSE: MUX) (TSX: MUX)  reported its first qu... READ MORE

May 10, 2021

Cameco reports first quarter results, Cigar Lake restart and the continued execution of strategy to support global clean-air transition

Cameco (TSX: CCO) (NYSE: CCJ) reported its consolidated financial... READ MORE

May 7, 2021

Copyright 2021 The Prospector News