Brief: Carpathian Gold announces cornerstone investment from Forbes and Manhattan
09/05/2016 13:20
May 9 (Reuters) - Carpathian Gold Inc CPN.CD :
* Forbes & Manhattan Resources, associated entities will
subscribe to private placement of units
* Private placement of units for a minimum amount of ten
million dollars
* Private placement to advance Rovina Valley Gold project in
romania
* Forbes will be entitled to appoint that number of
additional directors in order to provide it with a majority on
corp's board
Source text for Eikon: urn:newsml:reuters.com:*:nMKWVnqNPa
Further company coverage: CPN.CD
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