By Sheri Kasprzak
New York, May 1 - Mawson Resources Ltd. said it has settled a non-brokered private placement for C$7.59 million.
The company issued 6.6 million units at C$1.15 each.
The units consist of one share and one half-share warrant. The whole warrants are exercisable at C$1.50 each for two years.
The investors included RAB Special Situations (Master) Fund Ltd.
Based in Vancouver, B.C., Mawson is a gold exploration company.
| Issuer: | Mawson Resources Ltd.
|
| Issue: | Units of one share and one half-share warrant
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| Amount: | C$7.59 million
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| Units: | 6.6 million
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| Price: | C$1.15
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| Warrants: | One half-share warrant per unit
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| Warrant expiration: | Two years
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| Warrant strike price: | C$1.50
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| Placement agent: | Non-brokered
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| Investors: | RAB Special Situations (Master) Fund Ltd. (lead)
|
| Settlement date: | April 28
|
| Stock symbol: | TSX Venture: MAW
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| Stock price: | C$1.35 at close April 28
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