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| Home : Tembo Gold Corp. Completes C$5.95 Million Non-Brokered Tranche of Equity Financing |
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Dec 03
2013 |
Tembo Gold Corp. Completes C$5.95 Million Non-Brokered Tranche of Equity Financing |
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TORONTO, ONTARIO--(Marketwired - Dec. 3, 2013) - Tembo Gold Corp. (TSX VENTURE:TEM)(FRANKFURT:T23) ("Tembo" or the "Company") is pleased to announce that it has issued 59,488,901 units (the "Units") of the Company at a price of C$0.10 per Unit for aggregate gross proceeds of C$5,948,890.10 pursuant to its previously announced private placement (the "Offering") in the news release dated November 15, 2013. The Company expects to close a second non-brokered tranche of the Offering towards the middle of December 2013. Each Unit consists of one common share of the Company and one common share purchase warrant (a "Warrant"). Each Warrant is exercisable for one common share of the Company until December 2, 2016 at an exercise price of C$0.12. |
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| Source:http://www.marketwired.com/mw/release.do?id=1858239&sourceType=3 |
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