Reuters logo
BRIEF-De Grey Mining says Kirkland Lake Gold to subscribe for 33.3 mln shares in co
October 1, 2017 / 11:48 PM / 16 days ago

BRIEF-De Grey Mining says Kirkland Lake Gold to subscribe for 33.3 mln shares in co

Oct 2 (Reuters) - De Grey Mining Ltd:

* Kirkland Lake Gold agreed to subscribe for up to 33.3 million shares in De Grey at a price of $0.15 per share to raise $5 million

* Funds will be used for ongoing exploration and development activities at Pilbara Gold Project

* Each share under subscription to have a free attaching option exercisable at $0.20 per share Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below