Majescor Announces Private Placement Under Temporary Relief Measures
MONTRÉAL, QUÉBEC--(Marketwired - July 30, 2013) - Majescor Resources Inc. ("Majescor" or the "Company") (TSX VENTURE:MJX), announces that it intends to complete a non-brokered private placement (the "Offering") of up to 7,500,000 units at a price of $0.02 per unit to raise gross proceeds of up to $150,000. Each unit will consist of one common share and one share purchase warrant (a "warrant"). Each warrant will entitle the holder thereof to purchase one additional common share of the Company for a period of 2 years at a price of $0.05 per share in year one and $0.10 per share in year two.
