The mining newspaper for Alaska and Canada's North

Goldcorp nabs stake in another Yukon explorer

Arcus Development Group Inc. announced Oct. 24 that Goldcorp Inc. intends to participate in a non-brokered private placement which will give the major a 19.9 percent interest in the Yukon-focused gold explorer.

The financing will involve 12,610,916 flow-through units to be sold at C10 each and 1,789,084 regular units to be sold at C7.7 cents each. Each unit will consist of one Arcus common share a...


Reader Comments(0)