Chesapeake Raises $35.2 Million From Warrant Exercises
(firmenpresse) - VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 02/28/12 -- Chesapeake Gold Corp. (TSX VENTURE: CKG) ("Chesapeake") is pleased to announce that it has raised $35,241,240 from the exercise of 4,405,155 warrants at $8.00 per share prior to the expiry date on February 23, 2012. The warrants were issued on February 23, 2007 in connection with Chesapeake's business combination with American Gold Capital Corporation ("American Gold").
Chesapeake intends to use the proceeds from the warrants exercised to complete the pre-feasibility study on its 100% owned Metates project, secure certain permits and finance continued developments, advance regional exploration prospects including a 2012 drilling campaign, and for general working capital.
Currently, Chesapeake has approximately $46 million dollars in working capital and 44,216,366 shares issued and outstanding.
For more information on Chesapeake, please visit our website at .
CHESAPEAKE GOLD CORP.
P. Randy Reifel, President
Neither TSX Venture Exchange nor its Regulation Services Provider (as defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts:
Chesapeake Gold Corp.
Investor Relations
604-731-1094
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 28.02.2012 - 14:15 Uhr
Sprache: Deutsch
News-ID 119462
Anzahl Zeichen: 0
contact information:
Town:
VANCOUVER, BRITISH COLUMBIA
Kategorie:
Mining & Metals
Diese Pressemitteilung wurde bisher 184 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Chesapeake Raises $35.2 Million From Warrant Exercises"
steht unter der journalistisch-redaktionellen Verantwortung von
Chesapeake Gold Corp. (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
