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| Home : Tembo Gold Corp. Announces Up To $8.657M Strategic Private Placement |
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Oct 08
2013 |
Tembo Gold Corp. Announces Up To $8.657M Strategic Private Placement |
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TORONTO, ONTARIO--(Marketwired - Oct. 8, 2013) - Tembo Gold Corp. (TSX VENTURE:TEM)(FRANKFURT:T23) ("Tembo" or the "Company") is pleased to announce a proposed strategic financing for the Company. The Company proposes to complete a non-brokered private placement (the "Financing") consisting of up to 13,333,334 units (the "Units") at a price per Unit of C$0.15 and up to 44,380,000 subscription receipts (the "Subscription Receipts") at a price per Subscription Receipt of C$0.15 for total gross proceeds of up to C$8.657 million with a minimum financing condition of C$7 million. |
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| Source:http://www.marketwired.com/mw/release.do?id=1839120&sourceType=3 |
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