North of 60 Mining News - The mining newspaper for Alaska and Canada's North

Atac raises C$3.25M for Rackla Gold exploration


Last updated 5/1/2016 at Noon

Atac Resources Ltd. April 24 reported the closure of a C$3.25 million non-brokered private placement, consisting of the sale of 5 million flow-through common shares at C65 cents each.

"This financing allows Atac to minimize the use of its C$16 million treasury of hard-dollars (non-flow-through dollars)," Atac President and CEO Graham Downs explained.

"With approximately C$19 million now in...

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