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| Home : Cavan Announces Flow-Through Financing |
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Oct 17
2013 |
Cavan Announces Flow-Through Financing |
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VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 17, 2013) - Cavan Ventures Inc. ("Cavan" or the "Company") (TSX VENTURE:CVN) announces that it has arranged a non-brokered private placement of up to 5 million flow-through units ("Units") at a price of $0.06 per Unit for aggregate gross proceeds of $300,000 (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 Share (a "Warrant Share") for a period of 24 months from the closing date at an exercise price of $0.10 per Warrant Share. |
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| Source:http://www.marketwired.com/mw/release.do?id=1842248&sourceType=3 |
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