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RAINY RIVER RESOURCES LTD.

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TSX-V:RR (CAD)  4.47 [-0.13 (-2.83%)] Feb 8 2010 - Close

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Featured Company
Type: Public
Classification: Monitor
1620 WEST 8TH AVENUE, SUITE 303
VANCOUVER
British Columbia
Canada, V6J 1V4
Phone: +1 604 639-4490
Fax: +1 604 639-4498

Canada's Next Gold Camp


Rainy River Resources Ltd. is a well financed junior exploration company that trades on the TSX-V venture exchange under the symbol RR. The Company's experienced management and exploration team has over 200 years of combined gold exploration experience ranking among the best in the Canadian mining industry. Our mandate and focus is to search for large scale gold and/or base metal deposits using the latest techniques primarily in Archean-age Precambrian rocks of the Superior Province located mainly in central Canada.

The Rainy River Project (100% owned by Rainy River Resources) in western Ontario, Canada has the advantage of occupying ideal terrain, political support, and terrific local infrastructure. The project landscape is comprised of low lying fields and brush enabling year round drilling and easy access to project targets. Power and railway access is within close proximity. The Ontario provincial government and surrounding municipal townships have extended their support for the Rainy River Project due to its positive economic contributions.


For more information go to:
www.RainyRiverResources.com

Company News

Monday, February 01, 2010
Rainy River Resources announced that it has entered into an agreement with a syndicate of underwriters, led by Wellington West Capital Markets Inc., to sell an aggregate of 8,082,000 units, priced at $4.95 per unit, for gross proceeds of $40,005,900 on a bought deal private placement basis. The net proceeds from the Offering will be used to advance the Rainy River Gold Project located in Northwestern Ontario and for working capital purposes. The Offering is expected to close on or about February 24, 2010.

News Releases

Monday, January 18, 2010
Wednesday, December 16, 2009
Friday, December 11, 2009

News on the Web

Quote.com Canada - 55 days ago

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