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| Home : Cayenne Gold Mines Receives Revocation Order from British Columbia Securities Commission and Announces Private Placement Financing |
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Mar 27
2012 |
Cayenne Gold Mines Receives Revocation Order from British Columbia Securities Commission and Announces Private Placement Financing |
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VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 26, 2012) - Cayenne Gold Mines Inc. (CNSX:CYN) ("Cayenne" or the "Corporation") is pleased to announce that the British Columbia Securities Commission (the "BCSC") has granted a full revocation of the cease trade order issued by the BCSC against the Corporation (the "CTO"). The Corporation intends to complete a non-brokered private placement ("Private Placement") to up to 13,000,000 units ("Units") at a price of $0.05 per Unit for aggregate gross proceeds of up to $650,000.00 Canadian Dollars. Each Unit will consist of one common share (a "Share") in the capital of Cayenne. |
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| Source:http://www.marketwire.com/mw/release.do?id=1636070&sourceType=3 |
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