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| Home : Excalibur Arranges $2 Million Financing |
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Nov 12
2016 |
Excalibur Arranges $2 Million Financing |
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TORONTO, ONTARIO--(Marketwired - Nov. 11, 2016) - Excalibur Resources Ltd. ("Excalibur" or the "Company") (CSE:XBR)(CSE:XBR.CN)(OTC PINK:EXCFF)(FRANKFURT:X9CN) is pleased to announce that it has arranged a non-brokered private placement of 20,000,000 Units at $0.10 per Unit for a total of $2,000,000. Each Unit consists of one common share and one-half of one common share purchase warrant. Each full warrant is exercisable to acquire an additional common share at $0.15 per share for a period of two years from the closing date. All securities issued in connection with the offering are subject to a four-month-and-a-day hold period. |
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| Source:http://www.marketwired.com/mw/release.do?id=2175024&sourceType=3 |
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