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| Home : Caribou Financing for Summer Exploration Program at the Vault Au-PGE Property, Yukon |
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May 11
2012 |
Caribou Financing for Summer Exploration Program at the Vault Au-PGE Property, Yukon |
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VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 10, 2012) - CARIBOU KING RESOURCES LTD. ("Caribou" or the "Company")(TSX VENTURE:CKR)(FRANKFURT:CB8) has arranged a non-brokered private placement of 8,000,000 flow-through units ("Units") at a price of $0.10 per Unit for aggregate gross proceeds of $800,000 (the "Offering"). Each Unit will be comprised of one flow-through common share ("Share") and one non-flow-through share purchase warrant of the Company ("Warrant"). Each Warrant will entitle the holder to purchase one common share of the Company (a "Warrant Share") for a period of 18 months from the closing date at an exercise price of $0.15 per Warrant Share. |
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| Source:http://www.marketwire.com/mw/release.do?id=1655697&sourceType=3 |
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