Gold Canyon Resources Inc. (TSX VENTURE:GCU)(PINK SHEETS:GDCRF) announced additional private placement of common share units at a price per Unit of $0.21 for gross proceeds to the Company of up to $360,000.
The press release is quoted as saying:
Gold Canyon is engaged in the acquisition and exploration of mineral and precious metals properties. The Company controls a 100% interest in the Springpole Gold – Horseshoe Island Gold, Platinum, Palladium Project and Favourable Lake Poly-metallic property currently under option to Shoreham Resources Inc. pursuant to an option and joint venture agreement entered into in December 2005 – all in the Red Lake Mining District of Ontario, Canada.
