Power Group Projects Corp V.PGP

Alternate Symbol(s): PGPGF

Power Group Projects Corp is a Canada-based exploration stage company. The Company’s principal business activity is the acquisition and exploration of resource properties. It has not yet determined whether these properties contain economically recoverable ore reserves. Its properties include Atlin West, IceFall, and Rizz. The Atlin West Property is located approximately 14 kilometers (km) west-northwest of Atlin, British Columbia, northwest of Tagish Lake and covers an area of 3,125 hectares (ha). The Atlin West project is underlain by undivided sedimentary and volcanic rocks of the Cache Creek complex. The Icefall Property is located approximately 20 km north of Tulsequah, British Columbia, covering 8,704 ha. The Icefall Project is underlain by Stuhini and Labarge Group volcanic and sedimentary rocks, overlain by Sloko Group volcanic rocks. The Rizz Property is located approximately 20 km northwest along the trend of New Polaris/Tulsequah Chief, British Columbia, covering 5,415 ha.

TSXV:PGP - Post by User

Power Group Projects Corp

Bullboard Posts

Post by Sophia123on Feb 20, 2017 11:10am

198 Views

Post# 25869036

8 Centz Private placement??? 40% DILUTION???

The first is a non-brokered private placement of 13,000,000 units of the Company at a price of $0.08 per unit for total gross proceeds of up to CDN$1,040,000. Each Unit consists of one previously unissued common share (a "Share") and one-half common share purchase warrant (a "Warrant") of the Issuer.
Read more at https://www.stockhouse.com/news/press-releases/2017/02/16/cobalt-power-group-corporate-update-and-pending-private-placement#l83RLRSlpxul187O.99

Bullboard Posts

Rig Count Soars as Utilization Surpasses Industry Averages