December 19, 2017 / 7:03 PM / a month ago

BRIEF-Excelsior Mining Announces Oversubscription Of Private Placement

Dec 19 (Reuters) - Excelsior Mining Corp:

* EXCELSIOR MINING CORP ANNOUNCES OVERSUBSCRIPTION OF PRIVATE PLACEMENT

* EXCELSIOR MINING CORP SAYS NON-BROKERED PRIVATE PLACEMENT ANNOUNCED ON DECEMBER 11 HAS BEEN UPSIZED, TO RAISE A TOTAL OF C$38.6 MILLION

* EXCELSIOR MINING CORP - TO RAISE C$38.6 MILLION THROUGH ISSUANCE OF 38.6 MILLION COMMON SHARES OF EXCELSIOR AT A PRICE OF C$1.00 PER COMMON SHARE

* EXCELSIOR MINING - PROCEEDS TO BE USED FOR DEVELOPMENT, CONSTRUCTION, MAINTENANCE OF CO‘S GUNNISON COPPER PROJECT, WITH ACQUISITION OF LONG LEAD ITEMS

* EXCELSIOR MINING - ALSO CONFIRMS AFFILIATE OF GREENSTONE RESOURCES INTENDS TO ACQUIRE 16.5 MILLION SHARES IN OFFERING FOR GROSS PROCEEDS OF C$16.5 MILLION 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