GTA RESOURCES AND MINING INC. ANNOUNCES PRIVATE PLACEMENT
"GTA Resources and Mining Inc. has entered into an agreement with a syndicate led by Laurentian Bank Securities Inc. including Euro Pacific Canada, Union Securities Ltd. and Casimir Capital Ltd. under which the agents will offer on a best-efforts basis a private placement of up to $4-million in common share units and flow-through shares....."
"...GTA will use the proceeds of the offerings to finance its exploration activities on its Northshore and Auden projects and for working capital purposes.
The offerings are anticipated to close on or before March 16, 2012."
GTA bounced solid from its initial breakout consolidation this week giving member 1,300% in Gains. Today's news just injected the company with steroids and is well on its way on their exploration plans and more mega gains. Stay tuned for more updates making
ABOUT GTA RESOURCES
GTA Resources is Canadian resource exploration company listed on the TSX Venture Exchange as GTA. GTAs strengths are its large property in Northern Ontario near Highway 11, its successful and experienced management team and board of directors, and its disciplined approach to efficiently stewarding the shareholders capital.
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