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| Home : Tajiri Resources Corp. Closes Final Tranche of oversubscribed CDN$1,265,000 Non-Brokered Offering |
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Nov 23
2016 |
Tajiri Resources Corp. Closes Final Tranche of oversubscribed CDN$1,265,000 Non-Brokered Offering |
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VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 22, 2016) - Tajiri Resources Corp. (the "Company") (TSX VENTURE:TAJ) is pleased to report that it has closed the second, and final tranche of the non-brokered private placement originally announced October 6th, 2016.
The second tranche of the offering resulted in proceeds to the Company of CDN$1,265.000 through the issuance of 12,665,000 units. Each unit was offered at $0.10 per and consisted of a common share, and one half of a common share purchase warrant, each whole warrant providing for purchase an additional common share in the of the Company for $0.20, valid for 18 months from the closing. CDN$26,720 in fees were paid on a portion of the offering, while insider participation totalled 2,000,000 units. Proceeds will be used for acquisitions and exploration of properties in Guyana, South America and general corporate purposes. All shares issued in both the first and second tranche are held for four months and a day from the respective closing dates. All securities issued will be subject to the exchange hold policy of four months and one day. |
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| Source:http://www.marketwired.com/mw/release.do?id=2177999&sourceType=3 |
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