Shore Gold Raises $2M in Private Placement

RAPAPORT...  Shore Gold Inc. raised $2 million at the close of its private placement of 10 million units at 20 cents each. Each unit consisted of one common share and one common share purchase warrant, whereas each warrant entitles the holder to purchase one common share at 25 cents for a period of 18 months from the date of issuance.

Shore Gold is focused on and exploring and developing Saskatchewan's diamond resources.  The company is currently advancing the FALC-JV and Star Diamond project in the Fort à la Corne forest in central Saskatchewan.