February 14, 2014 16:00 ET
TORONTO, ONTARIO--(Marketwired - Feb. 14, 2014) - Goldeye Explorations Limited (TSX VENTURE:GGY) wishes to announce completion of a partially brokered private placement of $65,000 resulting from the sale of 650,000 units at $0.10 per unit. Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to purchase one additional common share for 24 months at a price of $0.15 per share. Goldeye paid a total of $2,450 in commissions in connection with this financing. All of the securities will be subject to a four month hold period expiring on June 15, 2014. The proceeds of this financing will be used to pay the costs and expenses of the private placement, general administrative expenses and overhead.
On behalf of the Board of Directors,
Blaine Webster, P.Geo., President and CEO
Goldeye is a Canadian gold-focused exploration company with properties in mineral rich, politically secure jurisdictions having long traditions of mining. Weebigee is Goldeye's flagship project in Canada. The Weebigee Project, 100%-owned by Goldeye, is located near Sandy Lake, 227 kilometres north of Red Lake in Northwestern Ontario, and comprises 363 claim units totaling approximately 6,000 hectares. The project covers many of the most highly prospective gold and base metal showings in the Sandy Lake Greenstone Belt. Goldeye also holds a 24.5% interest in the Todd Property in British Columbia's Golden Triangle, a 100% interest in the Gold Rock and West Shining Tree properties in Ontario, and additional claims in Tyrrell Twp. In Chile, Goldeye owns 100% of the Sonia-Puma property located 180 km north of Santiago. Additional information can be found at www.goldeye.ca.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Shares Issued after Financing: 38,789,097
Goldeye Explorations LimitedBlaine Webster, P. Geo.President and CEO416firstname.lastname@example.orgGoldeye Explorations LimitedRobin Luke WebsterManager, Corporate Affairs and Community Relations416email@example.com
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