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| Home : Pine Point Announces $2 Million Financing |
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Aug 16
2017 |
Pine Point Announces $2 Million Financing |
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TORONTO, ONTARIO--(Marketwired - Aug. 15, 2017) - Pine Point Mining Limited (TSX VENTURE:ZINC) (the "Company") is pleased to announce that the Company has arranged to complete a non-brokered private placement of up to 8,000,000 units at a price of C$0.25 per unit (the "Units") for gross proceeds of C$2,000,000. Each Unit to be issued in the private placement will consist of one common share in the capital of the Company and one half common share purchase warrant (a "Warrant"). Each full Warrant will entitle the holder thereof to purchase one additional common share of the Company at a price of C$0.35 for a period of two years following the closing of the private placement. |
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| Source:http://www.marketwired.com/mw/release.do?id=2230340&sourceType=3 |
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