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TORONTO, ONTARIO--(Marketwired - Aug. 18, 2016) - Canadian Orebodies Inc. (the "Company") is pleased to announce the closing of the second and final tranche of the non-brokered private placement originally announced on July 28, 2016 and increased on August 12, 2016 (the "Financing"). The Financing was significantly oversubscribed and increased again for gross final tranche proceeds of $3,352,280 through the sale 55,871,331 units of the Company (each, a "Unit") at a price of $0.06 per Unit in the final tranche. In total, the Company raised gross proceeds of $5,757,480 through the sale of 95,957,999 Units. |
