|
| Home : African Gold Group, Inc. Announces the Closing of $1,500,000 Private Placement Offering of Units |
|
Sep 05
2013 |
African Gold Group, Inc. Announces the Closing of $1,500,000 Private Placement Offering of Units |
|
TORONTO, ONTARIO--(Marketwired - Sept. 5, 2013) - African Gold Group, Inc., (TSX VENTURE:AGG) ("AGG" or the "Company") announces that it has closed an offering, by way of a prospectus exempt non-brokered private placement (the "Offering"), to certain "accredited investors" in Canada and qualified off-shore investors for an aggregate of 21,428,856 units in the capital of the Company (each a "Unit") at a purchase price of $0.07 per Unit for aggregate gross proceeds of $1,500,019.92 (the "Subscription Proceeds"). Each Unit is comprised of one (1) common share in the capital of the Company (each a "Common Share") and one half of one (1/2) Common Share purchase warrant (each a "Warrant") with each whole Warrant being exercisable to acquire one (1) additional Common Share at a purchase price of $0.12 per Common Share at any time prior to 5:00 p.m. (Toronto time) on September 4, 2015. |
|
|
|
| Source:http://www.marketwire.com/mw/release.do?id=1827816&sourceType=3 |
| |
|
Related News
|
» Sound United Expands Audio Presence into Europe with Debut at IFA 2013
» Caza Closes $120,000 Convertible Note
|
|
|
