ROUYN-NORANDA, QUEBEC--(Marketwired - Aug. 11, 2016) - Radisson Mining Resources Inc. (TSX VENTURE:RDS) ("Radisson") is pleased to announce that it has closed a first tranche of $ 1 million for a private placement for up to $ 2 million. The private placement will involve the issuance of 5,000,000 flow-through shares at a price of $ 0.20 for gross proceeds of $1,000,000 and the issuance of 6,666,667 hard units ("Unit") at a price of $0.15 per unit for gross proceeds of $1,000,000.05. Each Unit consists of one class A share of the share capital of Radisson and one half-share purchase warrant ("1/2 Warrant"). Each full Warrant will entitle its holder thereof to purchase one class A share at a...
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