Parkside Resources Corporation (TSXV:PKS) announced a non-brokered private placement for $500,000 to take place in March. The proceeds from the placement will be used to incur exploration expenses at the Forester Lake property. The Company also announced the resignation of Mr. Nick Tsimidis from the Board of Directors.
As quoted in the press release:
Closing of the Offering is anticipated to occur on or before March 29, 2013 and is subject to receipt of applicable regulatory approvals including the approval of the TSX Venture Exchange. Finder’s fees may be payable in connection with the Offering, in accordance with the policies of the Exchange.