Mining & Metals
Solstice Gold Raises About CA$650,000 Via Private Placement Financing
Solstice Gold (SGC.V) closed its private placement financing raising about CA$650,000, it said on Tuesday.The offering involved the issuance of 10.8-million common shares at CA$0.06 apiece. The company said the proceeds will be used to fund the cash portion of its acquisition of a 100% interest in certain surface and mining rights, including the Leckie Patents property and 43 unpatented mining claims southwest of it.Insiders of the company purchased 883,333 common shares for about CA$53,000, it said.Shares of the company were last seen up 4.8% at CA$0.11 on the TSX Venture Exchange.Price: $0.11, Change: $+0.01, Percent Change: +4.76%
$SGC.V
