Channel Resources Ltd.(TSX VENTURE:CHU) reported a private placement of up to 4,000,000 units at a price of CDN$0.08 per Unit. The press release is quoted as saying: This financing is being conducted in addition to the private placement that closed on January 18, 2010 due to increasing investor interest, primarily in the assessment and development [...]
Channel Resources Ltd. (TSX VENTURE:CHU) reported that the company has closed the final tranche of its non-brokered private placement of units announced on December 2, 2009. The press release is quoted as saying: The proceeds of the private placement will be used to fund exploration and pre-development work on its properties, primarily the Fox Creek [...]
Channel Resources Ltd. (TSX VENTURE:CHU) reports that the company’s private placement described in a news release on December 2, 2009 for up to 3,750,000 units at a price of CDN$0.08 per Unit has been oversubscribed. The press release is quoted as saying: The proceeds of the private placement will be used to fund exploration and [...]
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