Brief: Kerr Mines Announces C$3 Million Bought Deal Offering

Sabre Gold Mines

13/07/2020 22:50

July 13 (Reuters) - Kerr Mines Inc  KER.TO :
    * KERR MINES ANNOUNCES C$3 MILLION BOUGHT DEAL OFFERING
    * KERR MINES - AGREEMENT WITH HAYWOOD SECURITIES UNDER WHICH
IT
HAS AGREED TO BUY, ON A BOUGHT DEAL BASIS, 21.5 MILLION UNITS AT
PRICE OF C$0.14 PER UNIT
    * KERR MINES INC - TO USE NET PROCEEDS FROM OFFERING FOR
EXPLORATION AND ADVANCEMENT OF  COPPERSTONE GOLD PROJECT
    * KERR MINES INC - EACH UNIT WILL CONSIST OF ONE COMMON
SHARE IN
CAPITAL OF COMPANY AND ONE HALF OF ONE COMMON SHARE PURCHASE
WARRANT

Source text for Eikon:  ID:nGNX6tMwFY 
Further company coverage:  KER.TO 

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