Source: Signature Resources
  • Signature Resources (SGU) has announced a non-brokered private placement for gross proceeds of up to C$1,000,000
  • Flow-through shares are priced at C$0.08 and non-flow-through shares are priced at $0.06
  • The net proceeds will be used to fund ongoing exploration and for general corporate purposes
  • Signature Resources Ltd is a gold exploration company
  • Signature Resources Ltd. (SGU) opened trading at C$0.065 per share

Signature Resources (SGU) has announced a non-brokered private placement for gross proceeds of up to C$1,000,000.

Each flow-through share is being offered at C$0.08 per share and each non-flow-through share is being offered at $0.06 per share.

The net proceeds will be used to fund ongoing exploration and general corporate purposes.

Signature Resources Ltd is a gold exploration company focused on the acquisition and exploration of mineral properties in Canada. 

The  Lingman Lake Gold Project in Ontario consists of 1,434 staked claims, four freehold full patented claims and 14 mineral rights patented claims totalling approximately 27,113 hectares.

Signature Resources Ltd. (SGU) opened trading at C$0.065 per share.

More From The Market Online

Nickelex Resource to acquire Arlington Gold Property

Nickelex Resource (TSXV:NICK) acquires 100 per cent interest in nine claims within the Boundary District in south-central British Columbia.

Myriad Uranium secures mining lease at Copper Mountain

Myriad Uranium (CSE:M) has entered into a 20-year mining lease with Diamond X Ranch for the Copper Mountain Uranium Project.
Negotiating in a meeting room

Sitka Gold to acquire 100% ownership of Barney Ridge

Sitka Gold (TSXV:SIG) agrees to acquire a 100 per cent interest in the Barney Ridge Property in the Yukon.

Junior copper miner secures another major partner

Junior copper miner Midnight Sun Mining (TSXV:MMA) signs a cooperative exploration plan with First Quantum Minerals.