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Share Name | Share Symbol | Market | Type |
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TSXV:DUN | TSX Venture | Common Stock |
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0.00 | 0.00% | 0 | - |
Duncastle Gold Corp. (TSX VENTURE:DUN)(FRANKFURT:5D3) reported today that the non-flow-through unit financing announced September 14, 2010 has been oversubscribed, and the company will now issue a total of 8 million common shares and 4 million share purchase warrants which are exercisable to purchase 4 million common shares for a period of two years from the date of closing at a price of $0.10 per common share purchased. Gross proceeds from the financing are $400,000. The company expects to close shortly its previously announced flow through unit financing to raise gross proceeds of up to $490,000. On behalf of the Board of Directors, Michael Rowley, President, Director, Duncastle Gold Corp.
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