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| Home : Almaden Minerals Ltd. Announces Closing of $6.0 Million Non-Brokered Private Placement |
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Aug 02
2014 |
Almaden Minerals Ltd. Announces Closing of $6.0 Million Non-Brokered Private Placement |
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VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 1, 2014) - Almaden Minerals Ltd. ("Almaden" or the "Company") (TSX:AMM) (NYSE MKT:AAU) is pleased to announce that it has closed its previously announced non-brokered private placement by the issuance of 4,000,000 units ("Units") at $1.50 per Unit. Each Unit consists of one common share of the Company and one-half of one non-transferable common share purchase warrant (each such whole share purchase warrant, a "Warrant"). Each Warrant allows the holder to purchase one common share of the Company at a price of $2.00 per share until August 1, 2015. A finder's fee of $107,400 in cash and finder's warrants to purchase up to 48,000 common shares at a price of $1.50 per common share until August 1, 2015 was paid to Secutor Capital Management Corporation on a portion of the placement. |
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| Source:http://www.marketwired.com/mw/release.do?id=1934981&sourceType=3 |
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