|
| Home : A.I.S. Resources Limited Announces Proposed Private Placement |
|
Mar 22
2014 |
A.I.S. Resources Limited Announces Proposed Private Placement |
|
CALGARY, ALBERTA--(Marketwired - March 21, 2014) - A.I.S. RESOURCES LTD. (TSX VENTURE:AIS.H) (the "Corporation") is pleased to announce that it intends to complete a non-brokered private placement (the "Private Placement") of up to 1,500,000 units ("Units") of the Corporation at a price of $0.20 per Unit for aggregate gross proceeds of up to $300,000. Each Unit will be comprised of one common share ("Common Share") of the Corporation and one-half of one Common Share purchase warrant ("Warrant"), with each whole Warrant entitling the holder thereof to acquire one Common Share at a price of $0.50 for a period of one year from the date of closing of the Private Placement. The net proceeds of the Private Placement will be used to finance the investigation and due diligence of potential transactions that result in the reactivation of the Corporation and for general working capital purposes. |
|
|
|
| Source:http://www.marketwired.com/mw/release.do?id=1891331&sourceType=3 |
| |
|
Related News
|
» Rogue Resources Closes Private Placement
» Mystery of Missing Passenger Jet Now 2 Weeks Old
|
|
|
