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Strategies & Market Trends : Dino's Bar & Grill
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To: Goose94 who wrote (2289)3/10/2014 11:30:25 AM
From: Goose94Read Replies (2) of 203026
 
TriStar Gold (TSG-V) March 10, '14 has raised $2,207,950 under the private placement announced Jan. 16, 2014, by the issuance of 22,079,500 units of the company at a price of 10 cents per unit. Each unit consists of one common share in the capital of the company and one share purchase warrant, each warrant entitling the holder to purchase one additional common share in the capital of the company for a period of 18 months from the date of issuance at an exercise price of 13 cents per warrant share.

The proceeds are to be used to conduct drilling at the company's Castelo de Sonhos project in Brazil and for working capital. All of the securities issued under the private placement will be subject to a hold period which will expire four months and a day from the date of issuance.
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