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| Home : Blackheath Announces $1,000,000 Private Placement |
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Dec 21
2013 |
Blackheath Announces $1,000,000 Private Placement |
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VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 20, 2013) - Blackheath Resources Inc. (TSX VENTURE:BHR)(FRANKFURT:04B) is pleased to announce that it plans to conduct a non-brokered private placement of up to 4,000,000 units (the "Units") at a price of $0.25 per Unit for aggregate gross proceeds of up to $1,000,000 (the "Private Placement"). Each Unit will be comprised of one common share of the Company and one half of one non-transferable common share purchase warrant (a "Warrant"). Each full Warrant will entitle the holder to purchase one additional common share of the Company at an exercise price of $0.35 per share for a period of 24 months from closing of the Private Placement. |
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| Source:http://www.marketwired.com/mw/release.do?id=1864813&sourceType=3 |
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