Estrella Gold Corporation (TSXV:EST) announced that it has closed its previously announced non-brokered private placement. The private placement raised gross proceeds of $1,133,250.
As quoted in the press release:
Estrella issued 7.555 million units (a “Unit”) at $0.15 per Unit for gross proceeds of $1,133,250 million. Each Unit is comprised of one common share and one non-transferable common share purchase warrant. Each warrant entitles the holder to purchase one additional common share for a 36 month period, expiring on October 9, 2015 at a price of $0.25 per common share starting from the date of closing.