By Laura Lutz
Des Moines, Nov. 28 - Animas Resources Ltd. arranged a C$1.5 million non-brokered private placement of units, according to a news release.
The company plans to sell 1.5 million units of one share and one non-transferable warrant at C$1.00 per unit. Each warrant is exercisable at C$1.50 for 18 months.
Animas is a mineral resource company based in Vancouver, B.C. The company will use the proceeds for property acquisitions, drilling at its Santa Gertrudis property and general corporate purposes.
| Issuer: | Animas Resources Ltd.
|
| Issue: | Units of one share and one non-transferable warrant
|
| Amount: | C$1.5 million
|
| Units: | 1.5 million
|
| Price: | C$1.00
|
| Warrants: | One per unit
|
| Warrant expiration: | 18 months
|
| Warrant strike price: | C$1.50
|
| Agent: | Non-brokered
|
| Pricing date: | Nov. 28
|
| Stock symbol: | TSX Venture: ANI
|
| Stock price: | C$0.99 at close Nov. 28
|
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