Non-brokered offering of flow-through stock finances exploration
By Devika Patel
Knoxville, Tenn., Dec. 8 - Cogitore Resources Inc. announced a C$1 million non-brokered private placement of stock.
The company will sell flow-through common shares at C$0.17 apiece. The price per share is a 2.86% discount to the Dec. 7 closing share price, C$0.175.
Settlement is expected Dec. 22.
Proceeds will be used for exploration.
Cogitore is a base metals exploration company based in Toronto.
| Issuer: | Cogitore Resources Inc.
|
| Issue: | Flow-through common shares
|
| Amount: | C$1 million
|
| Price: | C$0.17
|
| Warrants: | No
|
| Agent: | Non-brokered
|
| Pricing date: | Dec. 8
|
| Settlement date: | Dec. 22
|
| Stock symbol: | TSX Venture: WOO
|
| Stock price: | C$0.175 at close Dec. 7
|
| Market capitalization: | C$11.25 million
|
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