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| Home : Minsud Announces Non-Brokered Private Placement |
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Aug 14
2013 |
Minsud Announces Non-Brokered Private Placement |
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TORONTO, ONTARIO--(Marketwired - Aug. 14, 2013) - Minsud Resources Corp. (TSX VENTURE:MSR) ("Minsud" or the "Company") announces that it intends to carry out, subject to the approval of the TSX Venture Exchange (the "TSXV"), a non-brokered private placement of units of the Company ("Units") for gross proceeds of $360,000 (the "Private Placement") at $0.10 per Unit, with each Unit consisting of one common share of the Company (each, a "Share") and one Share purchase warrant (a "Warrant"), with each Warrant exercisable into one Share at $0.35 for a term of two years from the date of issue. The net proceeds will be used by the Company for financing exploration costs, option payments relating to the Company's material properties and for general working capital purposes. |
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| Source:http://www.marketwire.com/mw/release.do?id=1821047&sourceType=3 |
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