Pacific Ridge Exploration is pleased to announce that the non-brokered flow-through private placement announced on December 5, 2011 was oversubscribed and has now closed. The Company received gross proceeds of $1,462,000 pursuant to the issuance of 10,442,858 flow-through shares priced at $0.14 per share. The Company intends to use the gross [...]
Pacific Ridge announces a proposed private placement financing. The Company is proposing to sell by way of non-brokered private placement up to 10,000,000 Flow-Through Shares to Canadian resident investors, each Flow-Through Share priced at $0.14 to raise gross proceeds of up to $1,400,000. The Company intends to use the gross proceeds from the [...]
Pacific Ridge Exploration reports that all assay results have now been received from the first diamond drill program on its Mariposa Gold Project, in the Yukon's White Gold District. The 2011 drill program was successful in making a new gold discovery in the White Gold District. On the Mariposa property, gold was intersected in a total of 20 drill [...]