By Laura Lutz
Des Moines, April 12 - Bearclaw Capital Corp. plans to conduct a private placement of shares for up to C$1.5 million.
The price per share is expected to be C$0.35.
Part of the proceeds will be used to make a C$350,000 payment for six uranium properties that the company plans to acquire. Settlement of the placement is a condition of the acquisition.
Bearclaw is a resource exploration company based in Vancouver, B.C.
| Issuer: | Bearclaw Capital Corp.
|
| Issue: | Shares
|
| Amount: | C$1.5 million
|
| Price: | C$0.35
|
| Warrants: | No
|
| Pricing date: | April 12
|
| Stock symbol: | TSX Venture: BRL
|
| Stock price: | C$0.39 at close April 12
|
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