Gowest Completes $235,000 Private Placement; Shares up 11.1%

By Midnight Trader,  July 06, 2012, 03:45:16 PM EDT

Gowest Gold Ltd. (GWA.X) said it has completed a second closing of its previously announced non-brokered private placement for aggregate gross proceeds of $235,000.

The issue consisted of:

Two million units of the corporation, at a price of $0.10 per unit, with each unit comprised of one common share and one-half of one common share purchase warrant. Plus, 350,000 units of the corporation, at a price of $0.10 per unit, each unit comprised of one common share and one common share purchase warrant.

Shares in Gowest Gold are up 11.1% at 10 cents.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

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