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Home : Black Widow Resources Inc. Closes on First Tranche of $1,460,000 Private Placement Financing
Jan 02
2014

Black Widow Resources Inc. Closes on First Tranche of $1,460,000 Private Placement Financing

TORONTO, ONTARIO--(Marketwired - Jan. 2, 2014) - Black Widow Resources Inc. (TSX VENTURE:BWR) ("Black Widow" or the "Company") announces the completion of the first tranche of a previously announced (December 12, 2013) private placement where the Company' ambition was to complete a non-brokered private placement offering of Units ("Units") at Cdn$0.10 per Unit and flow-through units ("FT Units") at Cdn$0.12 per FT Unit for aggregate gross proceeds of up to Cdn$1,460,000 (the "Offering"). The first tranche totaling $110,000 closed on December 24, 2013, the offering remains open into 2014 at the election of the Company.
Source:http://www.marketwired.com/mw/release.do?id=1865881&sourceType=3
 
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