Post by
takeiteasy3 on Nov 20, 2014 10:50am
Carlisle closes $5.64-million placement with AuRico
2014-11-20 10:12 ET - News Release Mr. Abraham Drost reports CARLISLE GOLDFIELDS ANNOUNCES CLOSING OF PREVIOUSLY ANNOUNCED PRIVATE PLACEMENT Carlisle Goldfields Ltd. has completed the previously announced private placement with AuRico Gold Inc. A total of 70.6 million common shares of Carlisle were issued today to AuRico at a price of eight cents per common share for aggregate gross proceeds of $5,648,000. The net proceeds received by the company from the sale of the common shares will be used for exploration activities on Carlisle's mineral properties comprising the Lynn Lake gold camp and other general corporate purposes. The common shares are subject to a four-month hold period under applicable securities laws. To obtain a copy of the early warning report to be filed by AuRico with the Canadian securities regulatory authorities relating to the purchase of the common shares, please contact Anne Day, vice-president, investor relations and communications, AuRico Gold, at 647-260-8880. We seek Safe Harbor. © 2014 Canjex Publishing Ltd. All rights reserved.