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| Home : Tawsho Mining Inc. Announces Flow-Through Private Placement |
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May 17
2012 |
Tawsho Mining Inc. Announces Flow-Through Private Placement |
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TORONTO, ONTARIO--(Marketwire - May 17, 2012) - Tawsho Mining Inc. (TSX VENTURE:TAW) ("Tawsho" or the "Corporation") announces a non-brokered flow-through private placement offering to arm's-length and non-arm's-length parties (the "Offering"). It is anticipated that insiders of the Corporation may subscribe for as much as 75% of the Offering. Tawsho intends to issue up to 3,200,000 flow-through units at a price of $0.25 per unit, to raise gross proceeds of up to $800,000. Each flow-through unit will consist of one flow-through common share and one common share purchase warrant. Each warrant will entitle 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. |
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| Source:http://www.marketwire.com/mw/release.do?id=1658928&sourceType=3 |
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