By Sheri Kasprzak
New York, April 27 - Twenty-Seven Capital Corp. said it has concluded a C$1.4 million private placement.
The company issued 2 million units of one share and one warrant with each warrant exercisable at C$1.00 for two years.
The deal was not brokered.
Located in Vancouver, B.C., Twenty-Seven Capital is an iron and uranium exploration company.
| Issuer: | Twenty-Seven Capital Corp.
|
| Issue: | Units of one share and one warrant
|
| Amount: | C$1.4 million
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| Units: | 2 million
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| Price: | C$0.70
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| Warrants: | One warrant per unit
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| Warrant expiration: | Two years
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| Warrant strike price: | C$1.00
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| Placement agent: | Non-brokered
|
| Settlement date: | April 26
|
| Stock symbol: | TSX Venture: TSC
|
| Stock price: | C$0.90 at close April 26
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