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| Home : Cadman Announces Closing of $225,000 Financing |
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Jan 07
2013 |
Cadman Announces Closing of $225,000 Financing |
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TORONTO, ONTARIO--(Marketwire - Jan. 7, 2013) - Cadman Resources Inc. (CNSX:CUZ) (the "Company") is pleased to announce that further to the Company's December 21, 2012 press release, Cadman Resources Inc. has closed a non-brokered private placement of 2,003,333 flow-through units (the "FT Units") at a price of $0.06 per FT Unit for aggregate gross proceeds of $120,199 (the "Flow Through Offering"). Each FT Unit is comprised of one flow-through common share (an "FT Share") and one common share purchase warrant of the Company (an "FT Warrant"). Each 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=1742839&sourceType=3 |
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