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| Home : Chieftain Metals Provides Update with Regard to Financing Activities |
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Sep 14
2013 |
Chieftain Metals Provides Update with Regard to Financing Activities |
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TORONTO, ONTARIO--(Marketwired - Sept. 13, 2013) - Chieftain Metals Corp. ("Chieftain" or the "Company") (TSX:CFB) announces that, further to its prior press releases and further to the requirements of the Toronto Stock Exchange (the "TSX"), it is seeking written consents from shareholders holding a majority of disinterested common shares to complete (a) the second tranche (the "West Face Second Tranche") of the previously announced private placement including an aggregate of $1,500,000 principal amount of 8% convertible unsecured debentures (the "Debentures") to a fund managed by West Face Capital Inc. ("West Face"); and (b) a potential subscription by a director of the Company in the Corporation's previously announced and ongoing non-brokered flow-through private placement (the "Flow-Through Private Placement"). |
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| Source:http://www.marketwire.com/mw/release.do?id=1830634&sourceType=3 |
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