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| Home : Aldrin Announces $450,000 Non-Brokered Private Placement and Share Consolidation |
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Nov 20
2014 |
Aldrin Announces $450,000 Non-Brokered Private Placement and Share Consolidation |
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VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 19, 2014) - Aldrin Resource Corp. ("Aldrin") (TSX VENTURE:ALN) announces that it is proceeding with a $450,000 non-brokered private placement (the "Offering") of flow through shares and non-flow through units. Flow-through shares are being offered at $0.042 per share and non-flow through units are being offered at $0.03 per unit. Each non-flow through unit will be comprised of one common share and one share purchase warrant. Each full warrant is exercisable into one additional common share at $0.055 per share for a period of 24 months from closing. Aldrin's insiders are subscribing for $150,000 of non-flow through units. Proceeds of the Offering will be used for working capital and general and administrative expenses. |
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| Source:http://www.marketwired.com/mw/release.do?id=1970074&sourceType=3 |
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