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Gold/Mining/Energy : Claude Resources TSE.CRJ Undervalued Junior Gold Anyone?

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To: Gord Bolton who started this subject11/29/2002 3:21:37 PM
From: m.philli  Read Replies (1) of 359
 
Claude Resources raises $1.5-million privately

2002-11-29 08:10 PT - News Release

Mr. Neil McMillan reports

CLAUDE RESROUCES INC. COMPLETES FLOW-THROUGH PRIVATE PLACEMENT

Claude Resources has completed a private placement of one million common shares issued on a flow-through basis at a price of $1.50 per share, for gross proceeds of $1.5-million.

The proceeds of this offering will be used by Claude to incur Canadian exploration expenditures in connection with its mining properties, with such expenditures to be incurred on or before Dec. 31, 2003.
........(good news for currie rose v.cui)
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