- Silver Investing News - http://silverinvestingnews.com -

Silver Shield Resources completes private placement

December 31, 2009 @ 11:18 am In Silver Company News

Silver Shield Resources Corp. (TSX VENTURE:SSR) reported that the company has completed a fully-subscribed private placement of units at a price of $0.09 per Unit for gross proceeds of $360,000.

The press release is quoted as saying:

The Company paid $23,800 in finder's fees and issued 264,444 finder's warrants ("Finder's Warrants), in the aggregate, to Limited Market Dealer Inc. (an affiliate of MineralFields) and Union Securities Ltd. for participating in the Offering. Each Finder's Warrant is exercisable into one common share within 24 months of closing at an exercise price of $0.10.

Click here to access the entire press release [1]


Article printed from Silver Investing News: http://silverinvestingnews.com

URL to article: http://silverinvestingnews.com/2050/silver-shield-resources-completes-private-placement.html

URLs in this post:

[1] Click here to access the entire press release: http://www.marketwire.com/press-release/Silver-Shield-Resources-Corp-TSX-VENTURE-SSR-1096610.html

Copyright © 2010 Silver Investing News. All rights reserved.