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| Home : Discovery Ventures Inc. Closes 2nd and Final Tranche of Its Offering |
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Dec 07
2012 |
Discovery Ventures Inc. Closes 2nd and Final Tranche of Its Offering |
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VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 7, 2012) - Discovery Ventures Inc. ("Discovery" or the "Company") (TSX VENTURE:DVN) The Company is pleased to announce that it has closed the 2nd and final tranche of its previously announced private placement. The second tranche consisted of 2,460,000 units raising a further $615,000 for the Company. The hold period expiry date in respect of the shares comprising the units and the shares issued upon exercise of the shares purchase warrants related to the 2nd tranche is April 8, 2013. In connection with the closing of the 2nd tranche, finders received an aggregate of $47,000 and 188,000 compensation warrants. |
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| Source:http://www.marketwire.com/mw/release.do?id=1735263&sourceType=3 |
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