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| Home : Canada Carbon Closes $825,000 Flow-Through Financing |
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Apr 22
2014 |
Canada Carbon Closes $825,000 Flow-Through Financing |
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VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 22, 2014) - Canada Carbon Inc. (the "Company") (TSX VENTURE:CCB) announces it has closed a non-brokered private placement (the "Private Placement") which raised gross proceeds of $825,000. Specifically, the Company issued 4,125,000 flow-through units ("Units") at a price of $0.20 per Unit. Each Unit is comprised of one common share in the capital stock of the Company, to be issued as a "flow-through share", and one-half of one non-flow through common share purchase warrant ("Warrant"), with each whole Warrant being exercisable for the purchase of an additional non-flow-through common share, at a price of $0.25 per share, for an eighteen month period. |
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| Source:http://www.marketwired.com/mw/release.do?id=1901757&sourceType=3 |
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