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Whetstone Minerals cancels $4.75 million private placement of stock
Company had planned to sell 27,142,857 common shares at $0.175 apiece
By Devika Patel
Knoxville, Tenn., Sept. 29 - Whetstone Minerals Ltd. said it will not proceed with a $4.75 million private placement of stock, due to market conditions. The company priced the deal on Aug. 16 and was to have sold 27,142,857 common shares at $0.175 per share.
The gold explorer is located in Calgary, Alta.
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