RE: NEWS: PP Partial Closing
The Agents have received an aggregate cash commission of $30,480 and a total of 391,600 compensation options.
The proceeds of the Offering will be used to fund the initial underground mining at the Edwards Mine project and that will focus on the mining of Edwards #1 and Edwards #5 veins. Surface exploration will focus on the Company's Schreiber property and for general working capital purposes.
Strike also announces that it has filed its year end (April 30, 2012) audited financial statements and related MD & A. The Company has set October 19, 2012 as the date for its 2012 Annual Meeting.
This sounds like Strike is going into production shortly.
Very good news to all the longs.
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