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| Home : Energizer Resources Announces Private Placement Subscription Receipt Financing |
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Nov 22
2013 |
Energizer Resources Announces Private Placement Subscription Receipt Financing |
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TORONTO, ONTARIO--(Marketwired - Nov. 21, 2013) - Energizer Resources Inc. (TSX:EGZ)(OTCQX:ENZR)(FRANKFURT:YE5) ("Energizer" or the "Company") is pleased to announce it has engaged an agent (the "Agent") to conduct a brokered private placement, on a best efforts basis, of securities of the Company (the "Offering") to raise gross proceeds of up to C$8,000,000 through the sale of subscription receipts of the Company (the "Subscription Receipts"). In addition, Energizer anticipates completing a non-brokered private placement on the same terms for gross proceeds of up to C$600,000 raising, if fully subscribed as to the brokered and non-brokered placements, an aggregate of C$8,600,000. In the event the Offering is fully subscribed, the Company has agreed that a total of up to 125,000,000 Subscription Receipts may be sold. |
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| Source:http://www.marketwired.com/mw/release.do?id=1855543&sourceType=3 |
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