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Home : Mazorro Closes First Tranche of Private Placement |
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Sep 30 2014 |
Mazorro Closes First Tranche of Private Placement |
OTTAWA, ONTARIO--(Marketwired - Sept. 29, 2014) - Mazorro Resources Inc. (the "Company") (CSE:MZO) (FRANKFURT:JAM) is pleased to announce that it has closed a first tranche of its previously-announced private placement (see July 16, 2014 press release), by issuing an aggregate of 5,013,000 units ("Units"), at a price of $0.10, for gross proceeds to the Company of $501,300. Each Unit is comprised of one common share (a "Share") and one common share purchase warrant (a "Warrant") entitling the holder thereof to acquire one additional Share at a price of $0.15 until September 29, 2016. |
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Source:http://www.marketwired.com/mw/release.do?id=1951682&sourceType=3 |
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