Queenstake raises equity | nnbw.com

Queenstake raises equity

NNBW Staff

Queenstake Resources Ltd.

said it will be able to accelerate underground development and exploration at its Jerritt Canyon Mine 50 miles north of Elko after it completes a $6 million (Canadian) stock offering.

The offering by a syndicate of Canadian underwriters will be priced at 28 cents (Canadian) a share and is expected to close June 22.

Queenstake is based in Denver