Junior Yukon Gold (VSE) has arranged a brokered private placement of 1.5 million special warrants at a price of $2 each.
The special warrants will be exercisable into one common share and half a non-transferable share purchase warrant. One full warrant entitles the purchase of an additional share at $2.25 for a period of up to one year.
Proceeds will be used, in part, to fund further exploration on the company’s property holdings in the Yukon Territory.
The company was formerly known as APC Ventures.
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