Stocks in play: Japan Gold Corp.
Has closed an upsized $17-million non-brokered private placement of 48,571,429 shares of the Company at a price of $0.35 per Share. The Private Placement was significantly over-subscribed. The net proceeds of the Private Placement will be used for drill programs, drill targeting and advanced exploration at the Company's two wholly-owned projects, Ikutahara and Ohra-Takamine, and for general working capital purposes. The Company would like to recognize CIBC, Hannam & Partners and Red Cloud Securities for their support in completing the financing. Japan Gold Corp. shares V.JG are trading down $0.03 at $0.32.
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