Golden Predator raises C$16M; Sprott grabs big stake in junior

Golden Predator Mining Corp. July 26 announced the completion of a C$16.36 million brokered private placement.

As a result of the financing, the company issued 11.036 million non-low-through units at C73 cents each and 8.305 million flow-through units at $1.00 apiece.

Each unit includes one Golden Predator share and one half of a warrant.

Each full warrant entitles the holder to purchase one addit...