| Pacific Bay Arranges $70,000 Financing | |
| | |
|
David H. Brett, President and CEO, Pacific Bay Minerals Ltd. (TSX Venture: PBM, the "Company") reports that the Company has arranged a non-brokered private placement of 1,400,000 common share units at $0.05 per unit with one placee for proceeds of $70,000, subject to the approval of the TSX Venture Exchange. The proceeds will be used for exploration and general working capital purposes.
On February 25, 2014, the Company announced a private placement of 2,000,000 units at $0.05 per unit. Subsequently, the Company closed $75,000 of that placement in two tranches. The balance of that placement will not be proceeding.
|
|
|
Pacific Bay Minerals LTD.
|
|
EXPLORATION STAGE |
CODE : PBM.V |
|
|
| |
ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Pacific Bay is a silver and gold exploration company based in Canada. Pacific Bay holds various exploration projects in Canada. Its main exploration properties are TY, MONT-LAURIER, AX SILVER, HASKINS-REED, CRAZE CREEK and OTISH MOUNTAINS URANIUM in Canada and CERRO SOLO CLAIMS and REGALO in Argentina. Pacific Bay is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 1.5 millions as of today (US$ 1.1 millions, € 1.0 millions). Its stock quote reached its highest recent level on March 02, 2007 at CA$ 3.60, and its lowest recent point on August 18, 2023 at CA$ 0.01. Pacific Bay has 34 310 000 shares outstanding. |