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BRIEF-Aurvista Gold to raise $7 mln dollars
June 2, 2017 / 5:52 PM / 4 months ago

BRIEF-Aurvista Gold to raise $7 mln dollars

June 2 (Reuters) - Aurvista Gold Corp:

* Aurvista Gold to raise $7 million dollars

* Plans to complete a private placement financing for aggregate gross proceeds of C$7mln​

* Intends on using net proceeds from private placement to continue advancing Douay gold project

* Financing ‍through combination of sale of units at price of C$0.41 per CFT unit, sale of hard dollar units at price of $0.25/HD unit​

* Each CFT, HD unit to consist of 1 common share, 1 full warrant; warrants expire 5 years from closing which is expected on/about June 22, 2017 Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 806 749 1136)

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