Junior Caribgold Resources (CDN) will issue two million special warrants through a syndicate of underwriters including Gordon Capital, Yorkton Securities and Nesbitt Thompson.
The price will be $4 per warrant. Each will be convertible into one common share of Caribgold upon filing of a prospectus. Caribgold will use the proceeds to explore its 3,576-sq.-km property in Cuba, a joint venture with a Cuban state-owned company.
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