Stakeholder Gold Corp. Prices Financing and Focuses on Yukon
TORONTO, ON / ACCESSWIRE / June 17, 2015 / Stakeholder Gold Corp. (TSXV: SRC) ("Stakeholder", or the "Company") is pleased to announce terms of a non-brokered private placement financing for up to a maximum of 20M units. Units are priced at $0.05 (5 cents) for shares and $0.15 (15 cents) for warrants. Each unit carries a half warrant. Each full warrant entitles the holder to purchase one common share at $0.15 (15 cents) for a period of 12 months from the closing of the financing.
Stakeholder will undertake exploration on the Ballarat project in the Yukon, including cost effective soil surveys using the GT Probe and the GT RAB drill and the Company will provide exploration information from this activity as quickly as possible upon receiving results. Stakeholder has been unable to negotiate revised terms for exploration on the Bass River project, and has discontinued exploration efforts in Nova Scotia.
About Stakeholder Gold Corporation
Stakeholder Gold Corp. is a Canadian mineral exploration company headquartered in Toronto, Canada. The primary focus of Stakeholder is to explore and develop the Ballarat Gold Property in the White Gold District of the Yukon.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For more Stakeholder Gold Corp. information, please contact
Christopher J. Berlet, CFA
President & CEO
416 525-6869
416 786-5055
cberlet@stakeholdergold.com
Michael Ballanger
Advisory Committee
416 786-5055
mballlanger@stakeholdergold.com
SOURCE: Stakeholder Gold Corp.