By Sheri Kasprzak
New York, Dec. 15 - Manicouagan Minerals Inc. said it has arranged a private placement for up to C$1,245,000.
The company plans to sell up to 8.3 million flow-through shares at C$0.15 each.
The offering is slated to close Dec. 22.
Blackmont Capital Inc. is the placement agent for the deal.
Based in Toronto, Manicouagan is a mineral exploration company.
| Issuer: | Manicouagan Minerals Inc.
|
| Issue: | Flow-through shares
|
| Amount: | C$1,245,000 (maximum)
|
| Shares: | 8.3 million (maximum)
|
| Price: | C$0.15
|
| Warrants: | No
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| Placement agent: | Blackmont Capital Inc.
|
| Pricing date: | Dec. 15
|
| Settlement date: | Dec. 22
|
| Stock price: | C$0.155 at close Dec. 15
|
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