|
| Home : Redzone Resources Ltd. Announces Increase in Private Placement |
|
Apr 25
2017 |
Redzone Resources Ltd. Announces Increase in Private Placement |
|
VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 24, 2017) - Redzone Resources Ltd. ("Redzone" or the "Company") (TSX VENTURE:REZ) is pleased to announce that it has increased its previously announced non-brokered private placement (the "Offering") pursuant to which it now proposes to issue up to 4,375,000 units ("Units") at a price of $0.16 per Unit to raise aggregate gross proceeds of up to approximately $700,000. Each Unit will be comprised of one Common Share and one-half of one share purchase warrant, with each whole share purchase warrant entitling the holder to acquire one additional Common Share at an exercise price of $0.24 for a period of two years, subject to acceleration in certain circumstances. All other terms of the Offering remain the same as set out in the press release of Redzone dated April 10, 2017, available on SEDAR at www.sedar.com. |
|
|
|
| Source:http://www.marketwired.com/mw/release.do?id=2211391&sourceType=3 |
| |
|
Related News
|
» TrackX Increases Bought Deal Financing to $5.2 Million
» Metanor Closes $8.85 Million Private Placement
|
|
|
