Angkor Announces $1.5 Million Private Placement
Angkor Gold Corp (ANK_CDNX)
Company Research
Source: Marketwire
GRANDE PRAIRIE, AB -- (Marketwired) -- 08/16/16 -- ANGKOR GOLD CORP. (TSX VENTURE: ANK) ("Angkor" or the "Company") is pleased to announce a Brokered Private Placement (the "Private Placement") and has engaged Gravitas Securities Inc. ("Gravitas Securities" or the "Agent") to complete a best efforts private placement to fund Angkor's operations and exploration activities with respect to its license package covering 1,352 km2 across six licenses located in the northeast regions of Cambodia. The private placement is for 3,488,372 units (each "Unit") at a purchase price of $0.43 per Unit, for aggregate gross proceeds to the Company of up to $1,500,000. Each Unit consists of one (1) common share ("Common Share") of the Company and one (1) full non-transferable share purchase warrant ("Warrant"). Each full Warrant will entitle the holder to acquire one (1) Common Share at an exercise price of $0.50 for a period of 12 months from the closing date of the Pri
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