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| Home : Bacanora Announces Revised Private Placement |
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Feb 22
2013 |
Bacanora Announces Revised Private Placement |
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CALGARY, ALBERTA--(Marketwire - Feb. 22, 2013) - BACANORA MINERALS LTD. (TSX VENTURE:BCN) (the "Company" or "Bacanora") today reported that the Company is proposing a revised private placement financing for aggregate gross proceeds of up to $3,500,000 of units of the Company at a price of $0.30 per unit. Each unit will consist of one common share and one-half of one common share purchase warrant, with each whole warrant being exercisable into one common share at a price of $0.45 for a period of five (5) years. Pursuant to press release dated February 21, 2013, the Company had previously proposed to that the warrants have an expiry period of four (4) years. This proposed financing will supersede and replace the prior announced financing. |
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| Source:http://www.marketwire.com/mw/release.do?id=1760307&sourceType=3 |
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