Trident Closes $18.6 Million Offering

Trident Closes $18.6 Million Offering

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Trident raises $18.6 million for Saskatchewan gold exploration – Resource World Magazine

Trident Resources Corp. [ROCK-TSXV, TRDTF-OTCQB] said it has raised $18.6 million from a private placement offering that the company will use to fund further exploration, mineral resource expansion and drilling at the company’s gold projects in Saskatchewan’s La Ronge Gold Belt. The company said 4.9 million common shares that qualify as flow-through shares within the meaning of the Income Tax Act (Canada) were issued at $3.76 per share. Under th…