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| Home : Otis Announces Non-Brokered Private Placement |
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Sep 27
2013 |
Otis Announces Non-Brokered Private Placement |
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VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 26, 2013) - Otis Gold Corp. ("Otis" or the "Company") (TSX VENTURE:OOO)(OTCQX:OGLDF) is pleased to announce a non-brokered private placement of up to 6,000,000 units (the "Units") at a price of $0.05 per Unit, for aggregate gross proceeds of up to $300,000. Each Unit will consist of one common share and one non-transferable common share purchase warrant (a "Warrant"). Each Warrant may be exercised by the holder to purchase an additional common share of the Company, at a price of $0.10 for 18-months from closing. All funds are in Canadian dollars. |
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| Source:http://www.marketwired.com/mw/release.do?id=1835330&sourceType=3 |
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