GLDL.V GOLD SPROTT INVOLVEMENT .INSIDERS BUYING. The company issued 25.625 million units at $0.16 apiece under the placement. Each unit consisted of one common share and one warrant that entitles the holder to buy one additional common share within 36 months.
Gold Line said certain members of the Sprott group of companies acted as finders in the private placement with respect to the sale of 18.75 million units, or $3 million. Two company insiders bought 1.25 million units.