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| Home : Mammoth Announces Second Tranche Private Placement Closing on $163,500 |
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Aug 16
2013 |
Mammoth Announces Second Tranche Private Placement Closing on $163,500 |
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TORONTO, ONTARIO--(Marketwired - Aug. 15, 2013) - Mammoth Resources Corp. (TSX VENTURE:MTH) (the "Company") would like to announce a second tranche closing of $163,500 in additional subscriptions for total proceeds of $270,620 on its previously announced private placement financing to include up to 10,000,000 units of the Mammoth's shares (the "Units") at a price of $0.05 per Unit to raise gross proceeds of up to $500,000. Each Unit will be comprised of one common share of the Company and one common share purchase warrant (a "Warrant"). Each Warrant will entitle the holder to acquire an additional common share of the Company for a period of 24 months from the date of issue at a price of $0.08 per common share. |
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| Source:http://www.marketwire.com/mw/release.do?id=1821661&sourceType=3 |
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