A flow-through financing between ME-listed Kewagama Gold Mines (Quebec) and Sofimines 1987 and Co., Ltd. Partnership has been completed, with Kewagama rec eiving $212,911.72 in exchange for 218,370 shares. Kewagama president Norman Brewster reports the funds will be used for dewatering and rehabilitation at his company’s Granada property near Rouyn, Que.
Also, Kewagama has raised $150,000 in a private placement (150,000 shares at $1 each), the funds to be used for working capital purposes.
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