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| Home : Marauder Resources East Coast Inc. Announces Non-Brokered Private Placement |
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Feb 11
2012 |
Marauder Resources East Coast Inc. Announces Non-Brokered Private Placement |
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CALGARY, ALBERTA--(Marketwire - Feb. 10, 2012) - Marauder Resources East Coast Inc. (the "Company") (TSX VENTURE:MES) is pleased to announce a non-brokered private placement (the "Offering") of up to 2,000,000 units ("Units") of the Company at a price of $0.20 per Unit, each Unit consisting of one common share ("Common Share") in the capital of the Company and one Common Share purchase warrant ("Warrant"). Each Warrant entitles the holder to acquire one Common Share at an exercise price of $0.25 for a period of 36 months from the date of the closing of the Offering. A finder's fee may be paid to certain finders under the Offering, consisting of a cash payment equal to 5% of the gross proceeds from the sale of Units placed by such finder and the issuance of such number of Warrants as is equal to 5% of the Units placed by such finder. |
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| Source:http://www.marketwire.com/mw/release.do?id=1618539&sourceType=3 |
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