Gold Summit Plans $1,200,000 Private Placement (Marketwire)
RENO, NEVADA–(Marketwire – Feb. 10, 2010) – Gold Summit Corporation (“GSM” or the “Company”) (TSX VENTURE:GSM) intends to raise up to CDN$1,200,000 in a non-brokered private placement by issuing 5,600,000 units at a price of $0.125 per unit for a total of $700,000. Each unit will consist of one common share and one common share purchase warrant exercisable for 24 months at $0.20. In addition …
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