Published on 2/4/2009 in the Prospect News PIPE Daily.
New Issue: Cadillac Ventures orchestrates C$2.29 million units placement
By Devika Patel
Knoxville, Tenn., Feb. 4 - Cadillac Ventures Inc. said it plans a C$2.29 million non-brokered private placement of units.
The company will sell 6,542,056 units of one common share and a half-share warrant at C$0.35 apiece. Each whole warrant will be exercisable at C$0.37 for 18 months.
Proceeds will be used for exploration and general working capital purposes.
Toronto-based Cadillac Ventures is a mining company.
| Issuer: | Cadillac Ventures Inc.
|
| Issue: | Units of one common share and a half-share warrant
|
| Amount: | C$2,289,719.60
|
| Units: | 6,542,056
|
| Price: | C$0.35
|
| Warrants: | One half-share warrant per unit
|
| Warrant expiration: | 18 months
|
| Warrant strike price: | C$0.37
|
| Agent: | Non-brokered
|
| Pricing date: | Feb. 4
|
| Stock symbol: | CNQ: CDC
|
| Stock price: | C$0.45 at close Feb. 3
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
