Lode Gold Resources Inc. announced that it has received CAD 2.079625 million in funding
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement. The transaction included participation from 10 placees, 1 existing insider for 16,251,600 units and 1 pro group for 800,000 units. The company has paid finder's fees of CAD 3,000 in cash and issued 120,000 finder's warrants in connection with second tranche. Each finder's warrant entitles the holder to purchase one common share at the price of CAD 0.05 for a period of two years from the date of issuance.