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Bullboard - Stock Discussion Forum LAKE SHORE GOLD CORP 6.25 PCT DEBS T.LSG.DB

TSX:LSG.DB - Post Discussion

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Post by 05RfidRich on Nov 26, 2015 11:03am

I like it!

Some good money is being invested at $1.45. these investors believe. I don't feel so alone! Mr. Tony Makuch reports LAKE SHORE GOLD ISSUES 6,900,000 FLOW-THROUGH COMMON SHARES PRICED AT $1.45 PER SHARE Lake Shore Gold Corp. has completed a non-brokered private placement of 6.9 million flow-through common shares sold at a price of $1.45 per flow-through share for gross proceeds of $10,005,000. The funds raised from the issuance of the flow-through shares will be used for exploration expenditures in Canada and will constitute Canadian exploration expenditures as defined in the Income Tax Act. The flow-through shares issued with respect to this equity offering are subject to a four-month hold period, in accordance with applicable Canadian securities laws. We seek Safe Harbor. 2015 Canjex Publishing Ltd. All rights reserved.
Comment by Emailme on Nov 26, 2015 11:18am
This post has been removed in accordance with Community Policy
Comment by bepractical on Nov 26, 2015 1:23pm
That is a great premium to the current share price.
Comment by 1705493 on Nov 26, 2015 2:59pm
Nothing is a no brainer. IF gold makes a strong, upward move, then we may have a chance. Otherwise, maybe the new space to be in is POT. Soon as Trudeau got elected, pot stocks spiked tp doible and triple in a week.
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