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Brigus Gold Corp. Completes $5.6 Million Offering of Flow-Through Shares HALIFAX, NOVA SCOTIA, Dec. 21, 2010 (Marketwire) -- NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES Brigus Gold Corp. (TSX:BRD) ("Brigus Gold" or the "Company") is pleased to advise that it has closed its previously announced private placement offering (the "Offering") of 2,727,000 common shares of the Company designated as flow-through shares for purposes of the Income Tax Act (Canada) (the "Flow-Through Shares") at a price of Cdn$2.07 per Flow-Through Share for total gross proceeds to the Company of Cdn$5,644,890. The Offering was completed by Primary Capital Inc. on a guaranteed agency basis. The proceeds from the sale of the Flow-Through Shares will be used to incur eligible Canadian Exploration Expenses, as defined under the Income Tax Act (Canada). The funds will be used for Canadian exploration activities primarily at the Company's 100% owned Black Fox Complex and Stock Mine property, both located in the Timmins Mining District, Ontario. The Flow-Through Shares were offered to residents of Canada pursuant to Regulation S of the U.S. Securities Act of 1933, as amended (the "Securities Act"). The Flow-Through Shares have not been registered under the Securities Act, and may not be offered or sold in the United States without registration or pursuant to an applicable exemption from the registration requirements of the Securities Act. The Flow-Through Shares are subject to a four-month hold period in Canada. |
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| aus der Diskussion: | Linear Gold 2008 - jetzt Brigus Gold |
| Autor (Datum des Eintrages): | Duffy12 (22.12.10 20:22:19) |
| Beitrag: | 560 von 1,118 (ID:40752908) |
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