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| Home : Darnley Bay Announces Private Placement and Management Appointments |
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Feb 01
2013 |
Darnley Bay Announces Private Placement and Management Appointments |
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TORONTO, ONTARIO--(Marketwire - Jan. 31, 2013) - Darnley Bay Resources Limited (TSX VENTURE:DBL) (the "Company" or "Darnley Bay") is pleased to announce that it intends to complete a non-brokered private placement of up to 13,000,000 units at a price of $0.05 per unit, for aggregate gross proceeds of up to $650,000. Each unit will consist of one common share in the capital of the Company (a "Common Share") plus one warrant. Each warrant will entitle the holder thereof to purchase one Common Share for a period of three years from the date of issuance of the warrants at an exercise price of $0.10 per Common Share. The private placement is being made on a best-efforts basis and is subject to regulatory approval. |
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| Source:http://www.marketwire.com/mw/release.do?id=1752090&sourceType=3 |
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