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| Home : Pangolin Closes $718,000 Financing for its Diamond Projects in Botswana |
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May 15
2014 |
Pangolin Closes $718,000 Financing for its Diamond Projects in Botswana |
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TORONTO, ONTARIO--(Marketwired - May 15, 2014) - 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 $718,000 (the "Offering"). The Offering consisted of 7,180,000 units of the Company (each, a "Unit") at a price of $0.10 per Unit. Each Unit consists of one common share in the capital of the Company ("Common Share") and one Common Share purchase warrant (each a "Warrant"). Each Warrant entitles the holder thereof to acquire one Common Share at a price of $0.20 for a period of two years from the date hereof. |
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| Source:http://www.marketwired.com/mw/release.do?id=1910837&sourceType=3 |
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