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| Home : Arbitrage Announces Closing of Second Tranche of Private Placement |
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Jun 04
2015 |
Arbitrage Announces Closing of Second Tranche of Private Placement |
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TORONTO, ONTARIO--(Marketwired - June 3, 2015) - Arbitrage Exploration Inc. ("Arbitrage" or the "Company") (CSE:AEA) is pleased to announce that, further to its news release dated May 27, 2015, the Company has completed the second tranche of a private placement financing of units (the "Units") at a price of CDN$0.05 per Unit for gross proceeds of $15,750 through the issuance of 315,000 Units of the Company (the "Offering"). Each Unit is comprised of one (1) common share of the Company (a "Common Share") and one (1) common share purchase warrant (a "Warrant"). Each Warrant entitles the holder thereof to purchase one (1) additional Common Share of the Company at a price of $0.10 per Common Share until June 3, 2017. |
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| Source:http://www.marketwired.com/mw/release.do?id=2026324&sourceType=3 |
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