Santa Fe Gold Corp. (SFEG) to Offer Units of Common Stock and Warrants to Existing Stockholders
Santa Fe Gold announced Friday that it will be offering up to 12.5 million units for sale to current stockholders. Each unit will be comprised of one share of common stock, as well as a warrant for the purchase of an additional share of common stock having an exercise price of $0.60 per share. The exercisable period of the warrants is three years beginning immediately. Although the warrants and shares of common stock will be purchased together in the offering, they will be issued separately. The offering will open as of the date of the supplemental prospectus and expire on…