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TORONTO, ONTARIO--(Marketwire - July 11, 2012) - Tawsho Mining Inc. (TSX VENTURE:TAW) ("Tawsho" or the "Corporation") announces it has completed a non-brokered flow-through private placement offering to arm's-length and non-arm's-length parties (the "Offering"), as announced in a previous news release dated May 17, 2012. Tawsho issued 2,229,500 flow-through units at a price of $0.25 per unit, raising gross proceeds of $557,375. Each flow-through unit consists of one flow-through common share and one common share purchase warrant. Each warrant entitles the holder to purchase one non-flow-through common share of Tawsho at a price of $0.30 per share for a period of two years from the date of issuance. |
