|
| Home : Talmora Diamond Announces Closing of $100,493 Private Placement |
|
Mar 22
2014 |
Talmora Diamond Announces Closing of $100,493 Private Placement |
|
TORONTO, ONTARIO--(Marketwired - March 21, 2014) - Talmora Diamond Inc. (CSE:TAI) is pleased to announce the closing of a non-brokered private placement of 3,307,333 Units, comprised of 3,180,053 Hard Dollar Units at $0.03 per unit and 127,280 Flow-Through Units at $0.04 per Unit, for gross proceeds of $100,493.
Each Unit consists of one common share and one common share purchase warrant. Each common share purchase warrant ("Warrant") entitles the holder to acquire one common share for $0.05 until March 21, 2015. If after four months and one day following the closing date the common shares of Talmora trade at or above Can. $0.10 for a period of 20 consecutive trading days, the Company may notify the warrant holder to exercise the Warrants at a date no later than 30 calendar days after this notification date or forfeit any unexercised Warrants at that time. All securities issued pursuant to the financing are subject to a four month hold period which expires on July 21, 2014. |
|
|
|
| Source:http://www.marketwired.com/mw/release.do?id=1891368&sourceType=3 |
| |
|
Related News
|
» Peat Resources Limited Announces Debt Settlement Agreements
» Rogue Resources Closes Private Placement
|
|
|
