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| Home : New Destiny Mining Corp. Announces Temporary Relief Financing |
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Jul 31
2013 |
New Destiny Mining Corp. Announces Temporary Relief Financing |
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VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 30, 2013) - New Destiny Mining (TSX VENTURE:NED) ("New Destiny") announces that it is arranging a non-brokered private placement financing (the "Private Placement") of up to 10,000,000 units (the "Units") at a price of $0.01 per unit to raise gross proceeds of up to $100,000. Each unit will consist of one common share of New Destiny. The pricing of the Private Placement is in reliance on the temporary relief measures established by the TSX Venture Exchange (the "Exchange") and therefore the Private Placement and pricing of the Private Placement requires approval of the Exchange having regard to the temporary relief criteria set out in the Exchange's Bulletin of April 12, 2013 in relation to the extension and modification of temporary relief from certain pricing requirements (the "Temporary Relief Measures"). |
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| Source:http://www.marketwire.com/mw/release.do?id=1816102&sourceType=3 |
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