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Gungnir Resources Inc V.GUG

Alternate Symbol(s):  ASWRF

Gungnir Resources Inc. is a Canadian mineral exploration company with gold and base metal projects in northern Sweden. The Company’s assets include two nickel-copper-cobalt deposits, Lappvattnet and Rormyrberget, both with updated nickel resources, and the Knaften-Hemberget project, which hosts a developing intrusion-hosted gold system, VMS-style mineralization, copper-nickel targets, and disseminated felsic volcanic breccia-hosted gold boulders all of which are open for expansion and further discovery. The Lappvattnet and Rormyrberget nickel deposits are located along the Nickel Line in the eastern part of the Vasterbotten District, approximately 60 kilometers (km) and 100 km, respectively, east of the Company’s Knaften gold exploration project. The Knaften project is situated at the south end of a regional structure known as the Gold Line. Hemberget is located approximately six km north of the Knaften project within the broader Gold Line along with Knaften.


TSXV:GUG - Post by User

Bullboard Posts
Post by myview1on Dec 21, 2007 10:06pm
342 Views
Post# 14115590

Anglo Swiss N/R

Anglo Swiss N/R

Anglo Swiss raises $286,671 in warrant, option exercise

2007-12-21 20:34 ET - News Release

Mr. Len Danard reports

ANGLO SWISS SHAREHOLDERS EXERCISE WARRANTS

Anglo Swiss Resources Inc. has issued the following shares through the exercise of warrants and options in the month of November, 2007:

  • 750,000 FT shares for proceeds of $112,500, warrants exercised;
  • 665,940 shares for proceeds of $146,506.80, warrants exercised;
  • 276,642 shares for proceeds of $27,664.20, agent options exercised.

In total, Anglo Swiss has issued 1,692,582 shares for proceeds of $286,671 in November of 2007. The company has significantly increased its working capital in the fourth quarter of 2007 through the exercise of warrants in October, November and December, plus the recently announced private placement of $4.3-million.

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