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| Home : Ashburton Arranges Private Placements |
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Nov 11
2014 |
Ashburton Arranges Private Placements |
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VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 10, 2014) - ASHBURTON VENTURES INC. (TSX VENTURE:ABR)(FRANKFURT:ARB) ("Ashburton" or the "Company") announces that it has arranged a non-brokered private placement of 12.5 million flowthrough units ("FT Units") at a price of $0.02 per Unit for aggregate gross proceeds of $250,000 (the "FT Offering"). Each FT Unit will be comprised of one flowthrough common share ("FT Share") and one non-flowthrough Share purchase warrant of the Company ("Warrant"). Each Warrant will entitle the Subscriber to purchase one Warrant Share for a 12 month period after the Closing Date at an exercise price of $0.05 per share. Flowthrough proceeds raised will be used towards the Company's Hackett property located contiguous to Doubleview Capital Corp.'s Hat Cu-Au porphyry discovery in northwest B.C.'s emerging Sheslay district. |
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| Source:http://www.marketwired.com/mw/release.do?id=1966209&sourceType=3 |
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