$GSHR $10M PP to close on Wednesday On Wednesday Goldshore Resources Inc. ($GSHR.V $GSHRF) expects to close a private placement for $10M gross.
The PP's net proceeds will be used for general working purposes as well as future exploration work on $GSHR's Moss Lake gold deposit.
The project, located in NW Ontario, has 1.37M oz of indicated and 1.75M oz of inferred historical gold resources. Considering this promising historic data IMO this financing and the exploration it will fund should pay off in the long run.
$GSHR @ $0.48
MC $55.42M
https://ca.finance.yahoo.com/news/goldshore-resources-announces-brokered-private-211600925.html