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| Home : Pele Mountain Announces Closing of Private Placement |
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Dec 25
2014 |
Pele Mountain Announces Closing of Private Placement |
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TORONTO, ONTARIO--(Marketwired - Dec. 24, 2014) - Pele Mountain Resources Inc. (TSX VENTURE:GEM)(OTCQX:GOLDF) ("Pele" or the "Company") announced the closing of a non-brokered private placement offering ("Offering") comprised of 1,757,029 units (the "Units") at a price of $0.05 each for aggregate gross proceeds of $87,851.45. Each Unit consists of one (1) common share of the Corporation issued on a "flow-through" basis and one (1) warrant (a "Warrant"), with each Warrant exercisable to acquire one (1) non-flow-through common share of Pele at $0.07 until December 24, 2017. |
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| Source:http://www.marketwired.com/mw/release.do?id=1979455&sourceType=3 |
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