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| Home : Bayfield Ventures Closes Second Tranche of Financing |
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May 15
2014 |
Bayfield Ventures Closes Second Tranche of Financing |
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VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 15, 2014) - Bayfield Ventures Corp. (TSX VENTURE:BYV)(PINKSHEETS:BYVVF)(FRANKFURT:B4N) announces, further to its news releases of April 22nd and May 2nd, it has closed the second tranche of its non-brokered private placements and has issued a total of 1,667,334 flow-through units (the "Units") at a price of $0.30 per Unit to raise gross proceeds of $500,200. Each Unit consists of one common share of the Company ("Unit Shares") and one non-transferable non flow-through common share purchase warrant (a "Warrant"), with each Warrant entitling the holder to purchase one additional non flow-through common share at a price of $0.35 per share until May 06, 2016. The Company has also issued 100,000 non flow-through units at a price of $0.25 per Unit to raise gross proceeds of $25,000. Each Unit consists of one common share of the Company and one non-transferable non flow-through common share purchase warrant, with each Warrant entitling the holder to purchase one additional non flow-through common share at a price of $0.255 per share until May 06, 2016. |
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| Source:http://www.marketwired.com/mw/release.do?id=1910849&sourceType=3 |
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