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TORONTO, ONTARIO--(Marketwired - Nov. 19, 2015) - Peat Resources Limited (TSX VENTURE:PET) announces that it has closed a best efforts private placement of 30,000,000 common shares at $0.01 per share for gross proceeds of $300,000. There was a cash commission of 9% on $265,000 and 10% of 26,500,000 of the issued shares in broker warrants. Each broker warrant entitles the holder to purchase one common share and is exercisable for five years at $0.05 per share. |
