Home
Site Search
Use small fonts Use medium fonts Use large fonts Email link to page

Resources

Related expertise

Redzone Resources Ltd. Completes Private Placement Financing

Published: 06/06/2017

Team: Jay Goldman, Jennifer Campbell

On May 18, 2017, Redzone Resources Ltd. completed the first tranche of a non-brokered private placement pursuant to which it issued an aggregate of 4,166,250 units at a price of $0.16 per unit to raise aggregate gross proceeds of $666,600. Insiders of Redzone purchased 1,031,250 units in the first tranche of the offering.

On June 6, 2017, Redzone completed the second and final tranche of a non-brokered private placement pursuant to which it issued an additional 600,000 units at a price of $0.16 per unit to raise additional gross proceeds of $96,000. 

Cassels Brock represented Redzone with a deal team that included Jay Goldman and Jennifer Campbell (Securities and Mining).