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| Home : Mammoth Announces Third Tranche Private Placement Closing on $554,120 |
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Sep 19
2013 |
Mammoth Announces Third Tranche Private Placement Closing on $554,120 |
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TORONTO, ONTARIO--(Marketwired - Sept. 19, 2013) - Mammoth Resources Corp. (TSX VENTURE:MTH) would like to announce a third tranche closing of $283,500 in additional subscriptions for total proceeds of $554,120 on its previously announced private placement financing to include up to 10,000,000 units of the company's shares (the "Units") at a price of $0.05 per Unit. 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 for the first 12 months and $0.10 per common share for the following 12 months as permitted by TSX-V regulations. |
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| Source:http://www.marketwired.com/mw/release.do?id=1832740&sourceType=3 |
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