Brief: Kerr Mines announces $5 million non-brokered private placement

Sabre Gold Mines

10/11/2017 11:30

Nov 10 (Reuters) - Kerr Mines Inc  KER.TO : 
    * Announces $5 million non-brokered private placement 
    * Will use net proceeds from offering to finance ongoing 
exploration program at its flagship Copperstone Mine in Arizona 
    * Intends to complete a proposed private placement offering 
of 
approximately 16.7 million common shares of co at price of $0.30 
per share 
 
Source text for Eikon:  ID:nCNWpZbp8a  
Further company coverage:  KER.TO  
 
 ((Bangalore.newsroom@thomsonreuters.com; ;))