Published on 2/19/2013 in the Prospect News PIPE Daily.
American Cordillera wraps $30,000 private placement of common shares
Deal consists of 600,000 common shares, which were sold at $0.05 each
By Devika Patel
Knoxville, Tenn., Feb. 19 - American Cordillera Mining Corp. completed a $25,000 private placement of stock on Feb. 12, according to an 8-K filed Tuesday with the Securities and Exchange Commission. It raised a further $5,000 on Feb. 19.
The company sold 600,000 common shares at $0.05 per share, with 500,000 shares sold on Feb. 12 and 100,000 shares sold on Feb. 19.
The e-commerce company is based in Spokane, Wash.
Issuer: | American Cordillera Mining Corp.
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Issue: | Common stock
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Amount: | $30,000
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Shares: | 600,000
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Price: | $0.05
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Warrants: | No
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Settlement date: | Feb. 12 (for $25,000), Feb. 19 (for $5,000)
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