Business
Corona Gold Corporation Announces Flow-Through Financing
TORONTO, March 25 /CNW/ - Corona Gold Corporation (CRG-TSX) announces that it has closed a privat...
About this update from Crossroads Gold Corp.
[{"type":"text","content":"\n\n\n\nTORONTO, March 25 /CNW/ - Corona Gold Corporation (CRG-TSX) announces\nthat it has closed a private placement of 500,000 "flow-through" common shares\nat a price of $0.75 per share to raise gross proceeds of $375,000. The\nproceeds of the flow-through financing will be used to fund Corona's share of\na 2008 work program on the Sugar Zone property located in the Sault Ste. Marie\nMining Division of Ontario. Corona has a 51% joint venture interest in the\nSugar Zone property with the balance being held by Harte Gold Corp. Phase I of\nthe work program includes an airborne survey to be flown over the entire\nproperty, including new claims staked in 2006. The Phase II work program to be\ncompleted later this year will include ground truthing and possible drilling\nof targets identified by the airborne survey and drilling of targets\nidentified as being extensions of the Sugar Zone.\n\n\n%SEDAR: 00012331E\n\n\n","length":972,"tagName":"div"}]