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Home : Cardero Closes First Tranche of Non-Brokered Financing and Announces Non-Brokered Flow-Through Private Placement
Dec 20
2012

Cardero Closes First Tranche of Non-Brokered Financing and Announces Non-Brokered Flow-Through Private Placement

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 20, 2012) - Cardero Resource Corp. (TSX:CDU)(NYSE MKT:CDY)(NYSE Amex:CDY)(FRANKFURT:CR5) ("Cardero" or the "Company") announces that it has re-priced and closed the first tranche of its non-brokered private placement announced October 31, 2012 to raise gross proceeds of $3,585,057.30. The Company has also arranged a private placement of 8,000,000 flow-through common shares at a price of $0.50 per share to raise gross proceeds of $4,000,000.
Source:http://www.marketwire.com/mw/release.do?id=1739905&sourceType=3
 
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