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| Home : CanAm Coal Completes $1,050,000 Private Placement |
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Jun 21 2013 |
CanAm Coal Completes $1,050,000 Private Placement |
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CALGARY, ALBERTA--(Marketwired - June 21, 2013) - CanAm Coal Corp. (TSX VENTURE:COE)(OTCQX:COECF) ("CanAm" or the "Company") is pleased to announce that, subject to final regulatory approval, it has completed its previously announced private placement and issued 13,077,675 units at a price of $0.08 per unit for gross proceeds of $1,046,214. Each unit consists of one common share and one common share purchase warrant. Each warrant is exercisable at $0.12 per common share for a period of one year from closing. The common shares issued in connection with the offering are subject to a four month hold period that expires on October 21, 2013. |
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| Source:http://www.marketwire.com/mw/release.do?id=1804484&sourceType=3 |
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