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FeedsFarm.com > Gold Canyon Resources Inc.: Gold Canyon Announces Closing of Private Placement of $50,000 U.S.

Gold Canyon Resources Inc.: Gold Canyon Announces Closing of Private Placement of $50,000 U.S.

27th Sep 2005, 03:09 GMT

VANCOUVER, BC (MARKET WIRE) Gold Canyon Resources Inc. (TSX-V: GCU) ("Gold Canyon" or "the Company") is pleased to announce that it has closed the private placement of 100,000 common share units (the "Units") at a subscription price of (US)$0.50 per Unit for gross proceeds of (US)$50,000 originally announced on September 19, 2005. Each Unit consists of one common share in the capital of the Company and one-half of one non-transferable common share purchase warrant, each whole warrant

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