RE:So any work on the ground done?LeMarcus wrote: Whats the current focus? Anyone close to management dare to share what's happening.
Not sure if drills are on the ground on the Pen project, but would be surprised if so as we did not get any NR about it...Junior are not usually quiet about starting exploration.
As they raise funds with flow through are they not obliged (CRA) to put that money on projects…not to keep lights on or filling there pockets with it?
“
June 21, 2017
Rapier Gold Announces Non-Brokered Private Placement
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Vancouver, BC - Rapier Gold Inc. (TSX-V: RPR) (the "Company") is pleased to announce a non-brokered private placement to raise up to $500,000 through the issuance of up to 5,000,000 flow through shares (the "FT Shares") at a price of $0.10 per FT Share (the "Offering). Finder's fees in the amount of 6% cash and 6% compensation warrants may be paid.
"Exploration activities are under way and we look forward to reporting results to our shareholders in the coming months", stated David Lotan, Interim CEO.
The proceeds from the Offering will be used for the advancement of the Pen Gold Project. The Company reserves the right to increase the size of the Offering or to modify the type, nature and/or price of the Shares for any reason. The Offering and any modification to it are subject to compliance with applicable securities laws and approval of the TSX Venture Exchange. The shares will be subject to a statutory four-month hold period.
ON BEHALF OF THE BOARD OF DIRECTORS David Lotan,
Interim CEO “ Looks like these guys think they are running a private company. As well ( in this NR) they have been looking forward to reporting results since June 21! LOL
BLTA
Andre