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Barkerville Gold Mns Ltd BGMZF

Barkerville Gold Mines Ltd is a Canada based company operates in the business of Gold. It is engaged in the production and sale of gold, and the exploration, development, and acquisition of mineral properties in British Columbia. The mineral tenures cover approximately 2,000 square kilometres. The company primarily holds interests in Cariboo Gold Belt District, Island Mountain, Cow Mountain and Barkerville Mountain.


OTCQX:BGMZF - Post by User

Bullboard Posts
Post by yaponskion Aug 22, 2013 12:17pm
114 Views
Post# 21689819

Another WIcked Financing Deal Proposed

Another WIcked Financing Deal Proposed
Bravada Gold Corporation (“Bravada” or the “Company”) plans to issue up to 25,000,000 units in a nonbrokered private placement at a price of $0.02 per unit to raise $500,000. Each unit will consist of one common share and one share purchase warrant, with each warrant exercisable to purchase one additional common share for a period of three years at an exercise price of $0.05 per share.

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Ok. Bravada Gold only has maybe 500K ounces Indicated. But they also only about 1M dollars in the red and don't have any long term liabilities.

My my my. What a tough market out there for raising money...
Bullboard Posts