By Laura Lutz
Des Moines, March 14 - Longview Capital Partners Inc. announced plans for a C$3 million private placement of units.
The company intends to sell 2 million units of one share and one half-share warrant at C$1.50 per unit. Each whole warrant will be exercisable at C$2.00 for two years.
Proceeds of the non-brokered placement will be used to continue the company's investment policy.
Longview is a Vancouver, B.C.-based resource investment company.
| Issuer: | Longview Capital Partners Inc.
|
| Issue: | Units of one share and one half-share warrant
|
| Amount: | C$3 million
|
| Units: | 2 million
|
| Price: | C$1.50
|
| Warrants: | One half-share warrant per unit
|
| Warrant expiration: | Two years
|
| Warrant strike price: | C$2.00
|
| Agent: | Non-brokered
|
| Pricing date: | March 14
|
| Stock symbol: | TSX Venture: LV
|
| Stock price: | C$1.37 at close March 13
|
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