By Devika Patel
Knoxville, Tenn., Feb. 12 - Ventana Gold Corp. said it conduct a C$3.36 million non-brokered private placement of units.
The company will sell 6 million units of one common share and one warrant at C$0.56 apiece. Each transferable warrant will be exercisable at C$0.90 for two years.
Proceeds will be used for exploration and working capital.
Vancouver, B.C.-based Ventana is a mineral exploration company.
Issuer: | Ventana Gold Corp.
|
Issue: | Units of one common share and one transferable warrant
|
Amount: | C$3.36 million
|
Units: | 6 million
|
Price: | C$0.56
|
Warrants: | One warrant per unit
|
Warrant expiration: | Two years
|
Warrant strike price: | C$0.90
|
Agent: | Non-brokered
|
Pricing date: | Feb. 12
|
Stock symbol: | Toronto: VEN
|
Stock price: | C$0.62 at close Feb. 11
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.