ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for monitor Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.

MCL McLaren Resources Inc

0.045
0.015 (50.00%)
18 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
McLaren Resources Inc CSE:MCL CSE Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.015 50.00% 0.045 0.03 0.045 0.045 0.045 0.045 3,000 19:29:24

McLaren Raises Exploration Funds

31/12/2012 8:15pm

Marketwired Canada


McLaren Resources Inc. ("McLaren") (CNSX:MCL)(FRANKFURT:3ML) is pleased to
announce that it has completed a $200,000 non brokered private placement
financing consisting of 2,000,000 Flow-Through Units.


The financing was made pursuant to exemptions from the prospectus requirements
of the applicable securities laws consisting of 2,000,000 Units issued on a
"flow-through" basis (the "Flow-Through Units") at a price of $0.10 per
Flow-Through Share.


Each Unit is comprised of one Flow-Through common share in the capital of
McLaren and one-half of one common share purchase warrant (a "Warrant"). Each
whole Warrant will entitle the holder to acquire an additional common share at
an exercise price of $0.20 per share for a period of 18 months. All securities
issued will be subject to a hold period of four months and one day.


The gross proceeds from the Flow-Through Shares will be used by McLaren to
continue exploration and development on its gold properties located in Timmins,
Ontario.


McLaren Resources Inc. is a Canadian based junior exploration company engaged in
acquiring, exploring and developing resource properties in Canada.


For more information visit our web site at www.mclarenresources.com.

Certain statements contained in this press release constitute "forward-looking
statements". These statements are based on current expectations of management,
however are subject to known and unknown risks, uncertainties and other factors
that may cause actual results to differ materially from the forward-looking
statements in this news release. Readers are cautioned not to place undue
reliance on these statements. The Company does not undertake any obligation to
revise or update any forward-looking statements as a result of new information,
future events or otherwise after the date hereof, except as required by
securities laws


Shares: 27,094,281

FOR FURTHER INFORMATION PLEASE CONTACT: 
McLaren Resources Inc.
Ivan Buzbuzian
President and CEO
416-203-6784
416-368-1539 (FAX)
ibuzbuzian@mclarenresources.com
www.mclarenresources.com

1 Year McLaren Resources Chart

1 Year McLaren Resources Chart

1 Month McLaren Resources Chart

1 Month McLaren Resources Chart

Your Recent History

Delayed Upgrade Clock