Brief: Excelsior Mining Announces Oversubscription Of Private Placement

Gunnison Copper

19/12/2017 18:57

Dec 19 (Reuters) - Excelsior Mining Corp  MIN.TO : 
    * EXCELSIOR MINING CORP ANNOUNCES OVERSUBSCRIPTION OF 
PRIVATE 
PLACEMENT 
    * EXCELSIOR MINING CORP SAYS NON-BROKERED PRIVATE PLACEMENT 
ANNOUNCED ON DECEMBER 11 HAS BEEN UPSIZED, TO RAISE A TOTAL OF 
C$38.6 MILLION 
    * EXCELSIOR MINING CORP - TO RAISE C$38.6 MILLION THROUGH 
ISSUANCE 
OF 38.6 MILLION COMMON SHARES OF EXCELSIOR AT A PRICE OF C$1.00 
PER COMMON SHARE 
    * EXCELSIOR MINING - PROCEEDS TO BE USED FOR DEVELOPMENT, 
CONSTRUCTION, MAINTENANCE OF CO'S GUNNISON COPPER PROJECT, WITH 
ACQUISITION OF LONG LEAD ITEMS 
    * EXCELSIOR MINING - ALSO CONFIRMS AFFILIATE OF GREENSTONE 
RESOURCES INTENDS TO ACQUIRE 16.5 MILLION SHARES IN OFFERING FOR 
GROSS PROCEEDS OF C$16.5 MILLION 
 
Source text for Eikon:  ID:nGNXOKCCGa  
Further company coverage:  MIN.TO  
 
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