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| Home : Cap-Ex Closes Non-Brokered Private Placement of $2,073,000 |
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May 25
2013 |
Cap-Ex Closes Non-Brokered Private Placement of $2,073,000 |
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VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 24, 2013) - Cap-Ex Iron Ore Ltd. (TSX VENTURE:CEV)(FRANKFURT:XOV)(OTCQX:CPXVF) ("Cap-Ex" or the "Company") announces that it has closed a private placement of 20,730,000 units (the "Units") at a price of $0.10 per Unit for proceeds of $2,073,000. Each Unit is comprised of one common share (the "Shares") and one share purchase warrant (the "Warrants"). Each Warrant entitles the holder to purchase one common share (the "Warrant Shares") of the Company at an exercise price of $0.20 for a period of 24 months from the date of issue. |
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| Source:http://www.marketwire.com/mw/release.do?id=1794858&sourceType=3 |
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