Duncastle Gold Corp. reported that the company has closed a first tranche of the two previously announced non-brokered private placements for gross proceeds of C$433,000.
Duncastle Gold Corp. reported today that the company has agreed to issue a total of 15.0 million common shares in two non-brokered private placements for total gross proceeds of C$1,450,000.
Duncastle Gold Corp. (the “Company”) reported today that it will amend the exercise price of 600,000 share purchase warrants from $0.30 to $0.10 and will extend the expiry date of these warrants from May 27, 2009 until May 27, 2010. The Company will also amend the exercise price of a further 1,571,501 share purchase warrants from $0.50 to $0.10 and the expiry date of these warrants will remain September 28, 2009. The Company has received the written consent of all warrantholders to amend the price of the above noted warrants.
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