Business

DLV Resources Ltd. announces $3.2 million financing

DLV Resources Ltd. announces $3.2 million financing Canada NewsWire VANCOUVER, J...

articleWest Red Lake Gold Mines LtdJanuary 8, 20184/company/west-red-lake-gold-mines-ltd/news/dlv-resources-ltd-announces-dollar32-million-financing
DLV Resources Ltd. announces $3.2 million financing

About this update from West Red Lake Gold Mines Ltd

[{"type":"text","content":"\n\n\n\nDLV Resources Ltd. announces $3.2 million financing\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, Jan. 8, 2018\n\n\n\n/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/\n\nTSXV – DLV.H\n\n\n\nVANCOUVER, Jan. 8, 2018 /CNW/ - DLV Resources Ltd. (\"DLV\" or the \"Company\") (TSXV – DLV.H) is pleased to announce a fully subscribed non-brokered private placement of up to 40 million Units (the \"Unit\") at a price of $0.08 per Unit for proceeds of $3,200,000. The private placement is subject to approval from the TSX Venture Exchange.\n\nEach Unit will consist of one common share of the Company and one common share purchase warrant of the Company (a \"Warrant\"). Each Warrant will entitle the holder thereof to acquire one common share of the Company at an exercise price of $0.11 for a period of 12 months from the date of issuance. Proceeds will be used for general working capital. \n\nON BEHALF OF DLV RESOURCES LTD.\n\n\"Geir Liland\"\n\nGeir Liland,Chief Executive Officer\n\nNeither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.\nSOURCE DLV Resources Ltd.\n\n\n\nView original content: http://www.newswire.ca/en/releases/archive/January2018/08/c1939.html\n\n\n\n\nJasvir Kaloti, CFO & Corporate Secretary, Tel: (604) 609-6138Copyright CNW Group 2018","length":2703,"tagName":"div"}]

More updates from West Red Lake Gold Mines Ltd