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Home : Dynasty Completes US$4,000,000 Private Placement, US$700,000 Debt Settlement and Closing in Escrow of Debt Restructuring
Sep 13
2016

Dynasty Completes US$4,000,000 Private Placement, US$700,000 Debt Settlement and Closing in Escrow of Debt Restructuring

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 12, 2016) - Dynasty Metals & Mining Inc. ("Dynasty" or the "Company") (TSX:DMM)(OTCQX:DMMIF) is pleased to announce the successful completion of its previously announced non-brokered private placement of common shares of the Company (each, a "Share") at a subscription price of C$0.15 per Share, for aggregate gross proceeds of US$4,000,000 (the "Private Placement") and settlement of US$700,000 in debt owing to companies managed by Robert Washer (the "Debt Settlement"), the former chief executive officer of the Company, in exchange for Shares at a subscription price of C$0.15 per Share.
Source:http://www.marketwired.com/mw/release.do?id=2157346&sourceType=3
 
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