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BRIEF-Royalty North announces further increase to private placement financing
May 18, 2017 / 7:51 PM / 3 months ago

BRIEF-Royalty North announces further increase to private placement financing

May 18 (Reuters) - Royalty North Partners Ltd

* Royalty North announces further increase to private placement financing and closing of second tranche

* Increased its non-brokered private placement financing of units at a price of $0.17 per unit to approximately $3.93 million

* Proceeds of placement will be used to repay shareholder loans used to facilitate early close of deal with SST construction

* Closed second tranche of private placement by issuing 6.8 million units for gross proceeds of approximately $1.16 million Source text for Eikon: Further company coverage:

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