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Share Name | Share Symbol | Market | Type |
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Gold Reach Resourses Ltd Com Npv | TSXV:GRH | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 0 | - |
Gold Reach Resources Ltd. (TSX VENTURE:GRH) is pleased to announce a non-brokered flow-through private placement (the "Private Placement") of 1,000,000 common shares at a price of $0.10 per share, raising aggregate gross proceeds to the Company of $100,000. The common shares will be issued on a flow-through basis under the Income Tax Act (Canada). Proceeds from the Private Placement will be used to fund exploration costs. All shares issued in connection with the Private Placement will be subject to a minimum four month hold period, as well as acceptance by the TSX Venture Exchange. In addition, the Company announces that it will acquire Abaddon's 10% of the Seel Property by issuing 1,000,000 shares to Consolidated Abaddon Resources Inc. This would bring the Company's total interest in the Seel Property to 100%. This transaction is subject to the acceptance by the TSX Venture Exchange. Subject to regulatory acceptance of the above transactions, the Company will own a 100% interest in the Seel Property, subject to a 2% royalty. About Gold Reach: Gold Reach Resources Ltd. is a Canadian exploration company actively involved in the development of the Seel and Ox Lake projects, a 17,149.5 hectare copper-gold-molybdenum-silver project located 120 kilometers south of Houston, BC and eight kilometres east of the producing copper-molybdenum Huckleberry Mine. ON BEHALF OF THE BOARD OF DIRECTORS Conrad Swanson, President Safe Harbour Statement: The Company relies upon litigation protection for "forward-looking statements."
1 Year Gold Reach Resourses Ltd Com Npv Chart |
1 Month Gold Reach Resourses Ltd Com Npv Chart |
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