Edwin Tan
- GSP Resource (OTC:GSRCF) (TSXV:GSPR:CA) has closed a $121,000 non-brokered private placement financing of 1.51M units at $0.08 per unit.
- Each unit consists of one flow-through share and one transferable share purchase warrant.
- Each warrant entitles the holder to purchase one share at $0.15.
- The proceeds from the sale of the flow-through shares are expected to be used towards exploration and development work on the Alwin Mine Copper Project.
- Three company insiders have subscribed for a total of 950,000 units for $68,000.
- Source: Press Release