Deal sells 15 million of the company's common shares at $0.01 apiece
By Devika Patel
Knoxville, Tenn., Sept. 19 - Wolverine Exploration Inc. completed a $150,000 private placement of stock on Sept. 18, according to an 8-K filed Thursday with the Securities and Exchange Commission.
The company sold 15 million common shares at $0.01 apiece, which is identical to the closing share price on Sept. 17.
The base and precious metals explorer is based in Quesnel, B.C.
| Issuer: | Wolverine Exploration Inc.
|
| Issue: | Common stock
|
| Amount: | $150,000
|
| Shares: | 15 million
|
| Price: | $0.01
|
| Warrants: | No
|
| Settlement date: | Sept. 18
|
| Stock symbol: | OTCBB: WOLV
|
| Stock price: | $0.01 at close Sept. 17
|
| Market capitalization: | $1.31 million
|
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