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| Home : Blackheath Announces $2,000,000 Private Placement |
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Dec 04
2014 |
Blackheath Announces $2,000,000 Private Placement |
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VANCOUVER, BC--(Marketwired - December 03, 2014) - 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 5,000,000 units (the "Units") at a price of $0.40 per Unit for aggregate gross proceeds of up to $2,000,000 (the "Private Placement"). Each Unit will comprise 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 $0.53 per share for a period of 30 months from closing of the Private Placement. |
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| Source:http://www.marketwired.com/mw/release.do?id=1973563&sourceType=3 |
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