Goldeye Explorations Limited Announces Completion of Non-Brokered Flow-Through Financing
(firmenpresse) - TORONTO, ONTARIO -- (Marketwire) -- 01/05/12 -- Goldeye Explorations Limited (TSX VENTURE: GGY) announces that it completes a non-brokered private placement for gross proceeds of $210,000 through the sale of 4,200,000 flow-through units at $0.05 per flow-through unit. Each flow-through unit consists of one common share and one-half of a common share purchase warrant. Each whole warrant entitles the holder to acquire one additional common share for two years at an exercise price of $0.10 per share. All of the securities are subject to a four month hold period.
The proceeds of the flow-through financing will be used for mineral exploration on Goldeye's Ontario mineral properties qualifying as Canadian Exploration Expense (CEE) under the Income Tax Act (Canada) enabling the subscriber to obtain applicable tax credits and deductions.
ABOUT GOLDEYE
Goldeye is a Canadian gold-focused exploration company with properties in mineral rich, politically secure jurisdictions with long traditions of mining (Canada and Chile). Goldeye's approach is to advance precious metal deposits to the development stage, employing, in part, technically advanced geophysical techniques and occasionally joint venture funding. The qualified person (within the meaning of National Instrument 43-101) who read and approved this press release for Goldeye is Jorma Hannila, P. Geo and C.E.O. of Goldeye.
Shares Issued Prior to Financing: 185,996,458
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Contacts:
Goldeye Explorations Limited
(905) 886-2538
Goldeye Explorations Limited
Blaine Webster, P. Geo.
President
(416) 315-9708
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Datum: 05.01.2012 - 17:55 Uhr
Sprache: Deutsch
News-ID 101550
Anzahl Zeichen: 0
contact information:
Town:
TORONTO, ONTARIO
Kategorie:
Mining & Metals
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