Some more news.
Shore Gold Inc. - Third Prospectus Closing
Stock Symbol: SGF: CDNX
SASKATOON, SK, March 19 /CNW/ - Kenneth E. MacNeill, Chairman and C.E.O.
of Shore Gold Inc. (the "Corporation"), is pleased to announce on behalf of
the Board of Directors that the Corporation has completed the third closing
under the Corporation's previously announced Prospectus offering with the
issuance on March 19, 2002 of 740,701 Series A Units at a price of $0.60 per
Unit for gross proceeds of $444,420.60. Each Series A Unit consists of one
common share in the capital stock of the Corporation (a "Common Share") and
one-half of one common share purchase warrant (a "Warrant"). Each whole
Warrant will entitle the holder to purchase one Common Share at a price of
$0.70 at any time until 4:30 pm (Calgary time) on March 19, 2003.
Shore is a Canadian-based corporation engaged in the acquisition,
exploration and development of mineral properties. Shares of the Company trade
on the Canadian Venture Exchange under the trading symbol "SGF".
"The Canadian Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release."
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For further information: Canada: Kenneth E. MacNeill, CEO at (306)
664-2202; Europe: Jonathan Challis, President at 011-44-1732-465174
newswire.ca |
