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| Home : Rokmaster Revises Terms of Non-Brokered Private Placement |
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Apr 12
2014 |
Rokmaster Revises Terms of Non-Brokered Private Placement |
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VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 11, 2014) - Rokmaster Resources Corp. (the "Company") (TSX VENTURE:RKR)(LMA:RKR) announces that it has revised the terms of its proposed non-brokered private placement previously announced on February 18, 2014 to now raise up to $3,000,000 through the issuance of 30,000,000 Units at a price of $0.10 per Unit. The terms of each "Unit" will remain as previously announced and will consist of one common share and one common share purchase warrant ("Warrant"). Each Warrant is exercisable to purchase one common share at a price of $0.20 per share for a period of two years after the date of issuance. The Warrants are subject to an accelerated expiry date, which comes into effect when the trading price on the TSX Venture Exchange ("Exchange") of the Company's common shares closes at or above $0.30 per share during any 20 consecutive trading day period commencing four months plus one day after the date of issuance. In such an event, the Company will give an expiry acceleration notice ("Notice") to Warrant holders and the expiry date of the Warrants will be 30 days from the date of the Notice. |
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| Source:http://www.marketwired.com/mw/release.do?id=1898895&sourceType=3 |
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