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| Home : Cadman Announces $250,000 Financing |
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Dec 21
2012 |
Cadman Announces $250,000 Financing |
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TORONTO, ONTARIO--(Marketwire - Dec. 21, 2012) - Cadman Resources Inc. (CNSX:CUZ) (the "Company") is pleased to announce that the Company will engage in a non-brokered private placement of up to 2,500,000 flow-through units (the "FT Units") at a price of $0.06 per FT Unit for aggregate gross proceeds of up to $150,000 (the "Flow Through Offering"). Each FT Unit will be comprised of one flow-through common share (an "FT Share") and one common share purchase warrant of the Company (an "FT Warrant"). Each whole FT Warrant will entitle the holder to purchase one common share of the Company (a "Common Share") for a period of 24 months from the closing date at an exercise price of $0.09 per Warrant Share. |
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| Source:http://www.marketwire.com/mw/release.do?id=1740693&sourceType=3 |
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