New Issue: Maudore sells another C$589,464 of shares in private placement

By Devika Patel

Knoxville, Tenn., Jan. 20 - Maudore Minerals Ltd. said it raised another C$589,464 in a non-brokered private placement of stock on Jan. 19. The company took in C$1 million on Dec. 31.

The company sold 630,000 flow-through common shares at C$1.60 per share in the first tranche. It sold 483,200 shares in this tranche at C$1.22 per share.

Maudore is a mineral exploration company based in Montreal.

Issuer:	Maudore Minerals Ltd.
Issue:	Flow-through common shares
Amount:	C$1,597,464
Shares:	1,113,200
Price:	C$1.60 (for 630,000 shares), C$1.22 (for 483,200 shares)
Warrants:	No
Agent:	Non-brokered
Settlement date:	Jan. 7 (for C$1,008,000), Jan. 19 (for C$589,464)
Stock symbol:	TSX Venture: MAO
Stock price:	C$1.65 at close Jan. 6

© 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.