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Lakeland Resources Ord LRESF



GREY:LRESF - Post by User

Post by Alphastoxon Sep 10, 2013 4:04pm
254 Views
Post# 21730636

Alphastox Provides an Update on Lakeland Resources (LK.V)

Alphastox Provides an Update on Lakeland Resources (LK.V)Dear Alphastox Subscribers,

I wanted to provide everyone with a short update on Lakeland Resources (LK.V). The company just announced that they completed their first tranche of financing issuing 5,702,700 units at 10 cents per unit and 1,348,000 flow-through units at 12.5 cents per flow-through unit for total gross proceeds of $738,770. They are still working on closing their second tranche shortly so we should all be on the lookout for that.

Upcoming share catalysts include:
  • Commencement of exploration at the Riou Lake (Gibbon’s Creek Target), South Pine and Perch Properties.
  • Results from RadonEx Surveys and Boulder Sampling
  • Exploration Drilling
I encourage everyone to take a look at their most updated corporate presentation and factsheet.

Needless to say we are looking forward to the next several months and seeing the initial work program underway.

As always, please do not hesitate to get in touch with me anytime.

Best,
Etienne
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