St. James Gold Corp. announced that it has received CAD 0.63657 million in funding
The company announced that it has received filing documentation with respect to the transaction. The transaction included participation from 16 placees. The company paid finders fees of CAD 27,440 and issued 56,000 warrants to GloRes Securities, CAD 16,737.82 in cash and issued 30,077 finder's warrants to EMD Financial Inc. Each finders warrants is exercisable into one share at CAD 0.71 per share for a period of three years from closing date.