A $600,000 private placement has attracted 40 subscribers, Consolidated Oasis Resources (ME) reports.
The offering consisted of 600 units at $1,000 each; the units are composed of 2,125 flow-through shares at 40 each and 375 shares at 40 each. Proceeds will finance drilling on the Fancamp and Pontiac gold properties near Chibougamau, Que. Oasis optioned the properties from Soquem, the Quebec Crown exploration company.
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