Bubble Pricker Posted June 28, 2007 Report Share Posted June 28, 2007 MOLYCOR GOLD CORP.: PRIVATE PLACEMENT MOR-TSX-V Molycor Gold Corp. is issuing, by way of non-brokered private placement, up to 7.5 million units at a price of 20 cents per unit, for total proceeds of up to $1.5-million. Each unit will consist of one common share and one common share purchase warrant. Each warrant will entitle the holder thereof to purchase one-half of a share for a period of one year at an exercise price of 25 cents per share. The proceeds of the private placement will be used for general working capital and exploration projects. For more info on the company please go to molycor.com http://www.molycor.com/pressreleases/07_0620.pdf Link to comment Share on other sites More sharing options...
room305 Posted June 28, 2007 Report Share Posted June 28, 2007 You putting any money into this yourself BP? Link to comment Share on other sites More sharing options...
drbubb Posted June 28, 2007 Report Share Posted June 28, 2007 The pp price is not particularly cheap, so if you do it, the main attraction would be the wts. There's alot of dillution built in at lower prices, so I will stay away from the pp, and focus on some other favs- more on this later I think it is a good time to be buying gold-related shares Link to comment Share on other sites More sharing options...
Bubble Pricker Posted June 28, 2007 Author Report Share Posted June 28, 2007 The pp price is not particularly cheap, so if you do it, the main attraction would be the wts.There's alot of dillution built in at lower prices, so I will stay away from the pp, I had similar thoughts. I am still considering. Link to comment Share on other sites More sharing options...
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