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| Home : New Destiny Mining Corp. Announces Financing |
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Oct 18
2013 |
New Destiny Mining Corp. Announces Financing |
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VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 17, 2013) - New Destiny Mining Corp. (TSX VENTURE:NED) ("New Destiny") announces that it is arranging a non-brokered private placement of up to 15 million units (the "Units") at a price of $0.05 per Unit to raise gross proceeds of $750,000. Each Unit will consist of one common share of New Destiny, and one transferable share purchase warrant (a "Warrant"). Each Warrant shall be exercisable to acquire one additional common share for a period of one year at a price of $0.15 per share. New Destiny will also pay a finder's fee in accordance with the policies of the TSX Venture Exchange and applicable securities legislation. The financing is subject to regulatory approval. |
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| Source:http://www.marketwired.com/mw/release.do?id=1842400&sourceType=3 |
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