By Sheri Kasprzak
New York, Aug. 22 - Etruscan Resources Inc. said it wrapped a C$4,523,998 private placement.
The company sold 3,351,110 units at C$1.35 each.
The units are comprised of one share and one half-share warrant. The whole warrants provide for the purchase of an additional share at C$1.75 each for 18 months.
Sprott Securities Inc. was the placement agent.
Based in Windsor, N.S., Etruscan is a gold and diamond exploration company.
Issuer: | Etruscan Resources Inc.
|
Issue: | Units of one share and one half-share warrant
|
Amount: | C$4,523,998
|
Units: | 3,351,110
|
Price: | C$1.35
|
Warrants: | One half-share warrant per unit
|
Warrant expiration: | 18 months
|
Warrant strike price: | C$1.75
|
Placement agent: | Sprott Securities Inc.
|
Settlement date: | Aug. 22
|
Stock price: | C$1.35 at close Aug. 22
|
|
© 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.