Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers I > Headlines for Iconic Minerals Ltd. > News item |
Iconic Minerals cancels C$1.65 million private placement of units
Company also no longer plans to swap C$825,000 of debt for units
By Devika Patel
Knoxville, Tenn., Dec. 30 - Iconic Minerals Ltd. said it will not proceed with a planned C$1.65 million private placement of units.
The offering priced Oct. 13 and would have sold 15 million units of one common share and one warrant at C$0.11 per unit.
The company also said it no longer plans to settle C$825,000 of debt by issuing units. The debt settlement was announced alongside the placement in October.
Iconic Minerals is a gold and uranium exploration company based in Vancouver, B.C.
© 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.