By Laura Lutz
Chicago, Oct. 19 - Ditem Explorations closed a C$2 million private placement of shares.
The company sold 2,500,000 flow-through shares through Becher McMahon Capital Markets Inc. at C$0.80 per share.
Proceeds will be used for exploration.
Ditem is a Montreal-based resource exploration company.
| Issuer: | Ditem Explorations
|
| Issue: | Shares
|
| Amount: | C$2 million
|
| Shares: | 2,500,000
|
| Price: | C$0.80
|
| Warrants: | No
|
| Agent: | Becher McMahon Capital Markets Inc.
|
| Settlement date: | Oct. 19
|
| Stock symbol: | TSX Venture: DIT
|
| Stock price: | C$0.62 at close Oct. 19
|
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