Prize Mining Announces Syndication of $4 Million Brokered Private Placement
CALGARY, July 3, 2018 /CNW/ – PRIZE MINING CORPORATION (“Prize” or the “Company”) (TSXV:PRZ) (OTCQB:PRZFF) (MQSP:GR:FRANKFURT) is pleased to announce that in connection with the previously announced private placement, the lead agent, Integral Wealth Securities Limited (the “Agent”), has formed a syndicate that includes Paradigm Capital Inc and Eight Capital. The private placement will consist of up to 26,667,000 units (“Units”) of the Company, on a commercially reasonable basis, at the price of $0.15 per Unit for gross proceeds of up to $4,000,050 (the “Offering”). Completion of the Offering (“Closing”) is expected on or about July 26, 2018.