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Grayd funds Alaskan work

Posted By: Northern Miner Staff February 8, 1999

Junior Grayd Resource (GYD-V) has raised $750,000 in a non-brokered private placement consisting of 3 million units priced at 25 cents each.

A unit consists of one share and one non-transferable warrant entitling the owner to buy an additional share at 40 cents for a period of two years.

Grayd will use the proceeds to explore its properties in Alaska.

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COMPANY: Grayd Resource Corporation
 

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