By Sheri Kasprzak
New York, June 13 - Bluerock Resources Ltd. intends to raise C$1.65 million in a private placement.
The non-brokered offering includes up to 5.5 million units at C$0.30 apiece.
Each unit consists of one share and one warrant. The warrants are exercisable at C$0.40 each for two years.
Bluerock, based in Vancouver, B.C., is a uranium exploration company.
| Issuer: | Bluerock Resources Ltd.
|
| Issue: | Units of one share and one warrant
|
| Amount: | C$1.65 million
|
| Units: | 5.5 million
|
| Price: | C$0.30
|
| Warrants: | One warrant per unit
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| Warrant expiration: | Two years
|
| Warrant strike price: | C$0.40
|
| Placement agent: | Non-brokered
|
| Pricing date: | June 12
|
| Stock symbol: | TSX Venture: BRD
|
| Stock price: | C$0.39 at close June 12
|
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