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| Home : Canadian Spirit Resources Inc. Announces Amendment To Private Placement |
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Dec 08 2011 |
Canadian Spirit Resources Inc. Announces Amendment To Private Placement |
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CALGARY, ALBERTA--(Marketwire - Dec. 7, 2011) - Canadian Spirit Resources Inc. ("CSRI" or the "Corporation") (TSX VENTURE:SPI) (OTCBB:CSPUF) announces that further to its news release of November 18, 2011 announcing a non-brokered private placement of units (the "Units"), the Corporation has amended the offering price and has extended the closing date of the private placement. Subject to TSX Venture Exchange approval, the Corporation anticipates closing the non-brokered private placement of up to 4.0 million Units at a price of C$0.75 per Unit on or about December 12, 2011. Each Unit will consist of one Common Share and one-half of one Share Purchase Warrant (the "Warrants"). Each whole Warrant will entitle the holder to purchase an additional Common Share of the Corporation for two years at an exercise price of C$1.10 per share. |
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| Source:http://www.marketwire.com/mw/release.do?id=1596067&sourceType=3 |
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