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Talisker raising C$10M for exploration activities

Canadian junior explorer Talisker Resources Ltd. aims to raise C$10 million from a bought-deal private placement to fund exploration activities and for working capital and general corporate purposes.

A syndicate of underwriters led by PI Financial Corp. agreed to purchase 6,060,600 shares at 33 Canadian cents each and 16,161,600 charity flow-through shares at 4.95 cents apiece, the company said Jan. 7. Closing is expected Feb. 4.

Talisker's assets include the Bralorne gold complex and the Spences Bridge gold project in British Columbia.