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| Home : Caza Closes $CDN8.15 Million Private Placement Financing |
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Mar 19
2011 |
Caza Closes $CDN8.15 Million Private Placement Financing |
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VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 18, 2011) - Greg Myers, President & CEO of Caza Gold Corp. (TSX VENTURE:CZY)(FRANKFURT:CZ6) is pleased to announce that Caza Gold has closed a non-brokered private placement equity financing of CDN$8.15 million. The private placement consists of 16.3 million units priced at CDN$0.50 per unit. Each unit includes one common share and one-half common share purchase warrant. Each full warrant may be converted into one common share upon payment of CDN$0.70 within an 18 month period from the closing date. A finders' fee of 7% in cash or units with the same terms as the units in the private placement was applicable to portions of the private placement. All securities issued in connection with the private placement will be subject to a four-month plus one day hold period. |
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| Source:http://www.marketwire.com/mw/release.do?id=1414255&sourceType=3 |
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