Dalradian Resources Inc. will list an additional 41.85 million shares on the Toronto Stock Exchange at the open on Thursday, July 31, 2014, according to the TSX. As in a July 24, 2014, short form prospectus, Dalradian plans to sell 16.7 million units to the public at 90 cents each, raising $15.03-million. As in a July 8, 2014, Dalradian news release, the company plans to sell another 11.2 million units at 90 cents each through a non-brokered private placement for proceeds of $10.08-million. Under the public offering the company has granted the underwriters an overallotment option to buy up to 2,505,000 more units at the same price for 30 days from the closing of the offering.

Each unit consists of one share and one-half of a share purchase warrant. Each full warrant entitles the holder to buy one share for $1.50 on or before 5 p.m. (Toronto time) on the date that is 36 months from the closing of the offering.

Dalradian plans to use the money raised for the exploration and development of its Curraghinalt gold project, and for general working capital.