GLDRF - Idaho Champion to raise up to C$1.5M in non-brokered private placement
Idaho Champion Gold Mines Canada (GLDRF) launched a non-brokered private placement of up to 10M units at C$0.15/unit for gross proceeds of up to C$1.5M.Each unit will consist of one share and one non-transferable purchase warrant; each warrant will entitle the holder to purchase one additional share at C$0.25 for a period of 4 years from issuance date.Proceeds of the financing will be used for the funding of an exploration program the Champagne Gold Project in Idaho, USA, and for general working capital purposes.
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Idaho Champion to raise up to C$1.5M in non-brokered private placement