Gold Summit Corporation (TSX VENTURE:GSM) plans to raise up to CDN$1,200,000 in a non-brokered private placement by issuing 5,600,000 units at a price of $0.125 per unit for a total of $700,000. The press release is quoted as saying: Each unit will consist of one common share and one common share purchase warrant exercisable for [...]
Gold Summit Corporation (TSX VENTURE:GSM) announced that, further to its news release of December 14, 2009, the company has now filed the new NI 43-101 compliant resource report on its flagship Monte Cristo property. The press release is quoted as saying: The report recommends a $3 million Phase One budget for infill and step out [...]
Gold Summit Corporation (TSX VENTURE:GSM) today reported that the company is continuing with its previously announced private placement at $0.20 per unit. The press release is quoted as saying: The Company received aggregate gross proceeds of $381,611, and issued 1,908,058 units pursuant to the closing of the first tranche of the private placement announced on [...]
Wednesday, February 17, 2010