Gold Canyon Closes Private Placement for $1,500,000
Gold Canyon Resources Inc. (TSX VENTURE:GCU)(PINK SHEETS:GDCRF) reported closing of its previously announced private placement of common share units at a price per Unit of $0.21 for gross proceeds to the Company of $1,500,000.
The press release is quoted as saying:
Gold Canyon is engaged in the acquisition and exploration of mineral and precious metals properties. The Company controls a 100% interest in the Springpole Gold – Horseshoe Island Gold, Platinum, Palladium Project and Favourable Lake Poly-metallic property currently under option to Shoreham Resources Inc. pursuant to an option and joint venture agreement entered into in December 2005 – all in the Red Lake Mining District of Ontario, Canada.
Click here to access the entire press release
Click here to access Gold Canyon Resources Corporate Site
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Mon, Jan 25, 2010
Post by Melissa Pistilli, Palladium Senior Reporter