price presssure...could be coming from the sale of the 05 warrants outright or to purchase the .10 warrants and for that matter selling of both as they're all in the money. I would look forward to better times shortly as results must be iminent.
VAL-D'OR, QUEBEC, CANADA, Sep. 16, 2010 (Marketwire) -- Threegold Resources Inc. (TSX VENTURE:THG) is pleased to announce that it is currently proceeding with a private placement. According to the terms of the placement, the company plans to raise up to $500,000 by issuing 10,000,000 units at a price of
.05 per unit. Each unit will be comprised of one (1) common share of the company and one share purchase warrant entitling the holder to purchase one additional common share of the company at a price of
.10 for a period of one year following the closing.