Oromonte retains Canaccord Adams as agent for placement of units

By Laura Lutz

Des Moines, Oct. 23 - Oromonte Resources Inc. engaged Canaccord Adams as agent for its previously announced C$3 million private placement of units with Canaccord Capital Corp.

As previously reported, Canaccord agreed to buy 5 million units for C$0.60 apiece. Each unit will consist of one half-share warrant, with each warrant exercisable at C$0.75 for two years.

The placement was announced on Oct. 20 as a non-brokered deal.

Oromonte is a gold exploration and development company based in Calgary, Alta.

© 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.