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Home : Pangolin Closes $404,375 Financing for Diamond Projects in Botswana
Mar 28
2015

Pangolin Closes $404,375 Financing for Diamond Projects in Botswana

TORONTO, ONTARIO--(Marketwired - March 27, 2015) - Pangolin Diamonds Corp. (the "Company" or "Pangolin") (TSX VENTURE:PAN) is pleased to announce the closing of a non-brokered private placement financing for aggregate gross proceeds of $404,375 (the "Offering"). The Offering consisted of 8,087,500 units of the Company ("Unit") at a price of $0.05 per Unit. Each Unit consists of one common share in the capital of the Company ("Common Share") and one Common Share purchase warrant ("Warrant"). Each Warrant entitles the holder thereof to acquire one Common Share at a price of $0.06 for a period of sixty (60) months from the date hereof. Insiders of Pangolin participated in the total amount of $97,500.
Source:http://www.marketwired.com/mw/release.do?id=2004520&sourceType=3
 
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