Orca raises funds to further gold mine in Sudan

July 3, 2017

Responsive image

Canadian resource company Orca Gold’s non-brokered private placement, aimed at raising $15-million through the issue of 37.5-million units at $0.40 apiece, has been fully subscribed to and is scheduled to close on Wednesday. The TSX-V-listed company explained in a note on Friday that each unit would consist of one common share of the company and half of one common share purchase warrant, with each full warrant exercisable at $0.55 for 24 months from the date of closing.

Category: General