![](/cdn/assets/images/search/clock.png)
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
Chapleau Resources Com Npv | TSXV:CHI | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0 | - |
Chapleau Resources Ltd. (TSX VENTURE:CHI) is pleased to announce that it has negotiated a non-brokered private placement of five million units at 50 cents with Kinross Gold Corporation ("Kinross") for proceeds of $2,500,000. Each unit consists of one share and one two-year warrant, exercisable at 70 cents in year one and $1.10 in year two. Ian Gendall, President of Chapleau commented, "This strategic investment by Kinross in Chapleau is positive recognition of the exploration and management team, and quality exploration properties." The proceeds from the private placement will be used to advance the Coringa and Mato Velho gold projects in Brazil and the copper-gold exploration program in Peru and for general working capital requirements. BY ORDER OF THE BOARD OF DIRECTORS CHAPLEAU RESOURCES LTD. Ian Gendall, President This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
1 Year Chapleau Resources Com Npv Chart |
1 Month Chapleau Resources Com Npv Chart |
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions