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| Home : Advanced Explorations Inc. Announces Insider Led Non-Brokered Private Placement |
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Sep 27
2013 |
Advanced Explorations Inc. Announces Insider Led Non-Brokered Private Placement |
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TORONTO, ONTARIO--(Marketwired - Sept. 27, 2013) - Advanced Explorations Inc. (the "Company" or "AEI") (TSX VENTURE:AXI)(FRANKFURT:AE6) announced today that it plans to complete a non-brokered private placement of up to 4,500,000 units ("Units") at a price of $0.05 per Unit for gross proceeds up to $225,000 (the "Offering"). Each Unit is comprised of one common share of the Company and one common share purchase warrant ("Warrant"), with each Warrant being exercisable to acquire one common share of the Company at a price of $0.10 for a period of 24 months following the closing date of the Offering. This financing is expected to close by October 7th, 2013. |
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| Source:http://www.marketwired.com/mw/release.do?id=1835584&sourceType=3 |
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