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Home : Pacific Iron Ore Corporation Announces $4,000,000 Private Placement
Nov 01
2010

Pacific Iron Ore Corporation Announces $4,000,000 Private Placement

CALGARY, ALBERTA--(Marketwire - Nov. 1, 2010) - Pacific Iron Ore Corporation ("Pacific Iron" or the "Corporation") (TSX VENTURE:POC) is pleased to announce that it intends to complete, by way of a non-brokered private placement, the sale of of up to 10,052,632 common shares for gross proceeds of up to $4,000,000 (the "Offering"). The 10,052,632 common shares will be comprised of up to 9,000,000 shares to be sold on a "flow through" basis at $0.40 per share and up to 1,052,632 additional common shares to be sold at $0.38 per share.
Source:http://www.marketwire.com/mw/release.do?id=1344975&sourceType=3
 
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