By Sheri Kasprzak
Atlanta, April 18 - Iciena Ventures Inc. said it has wrapped a private placement for C$1.08 million.
The company sold 9 million units at C$0.12 each.
The units include one share and one warrant. The warrants provide for an additional share at C$0.20 each for two years.
Based in Vancouver, B.C., Iciena is a diamond and mineral exploration company. The company plans to use the proceeds to acquire 99.99% of the shares of Mineração Sucunduri Ltda.
| Issuer: | Iciena Ventures Inc.
|
| Issue: | Units of one share and one warrant
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| Amount: | C$1.08 million
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| Units: | 9 million
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| Price: | C$0.12
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| Warrants: | One warrant per unit
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| Warrant expiration: | Two years
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| Warrant strike price: | C$0.20
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| Pricing date: | Jan. 26
|
| Settlement date: | April 14
|
| Stock price: | C$0.17 at close Jan. 26
|
| Stock price: | C$0.24 at close April 14
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