BLAINE, WA, Nov. 16 /CNW/ - Tamerlane Ventures Inc. (TAM: TSX-V) announces today that, subject to regulatory approval, the Company intends to complete a private placement of up to C$1.5 million through the sale of up to 8,333,333 Units of the Company priced at $0.18 per Unit. Each Unit will consist of one common share of the Company and one-half of one common share purchase warrant. Each whole warrant will entitle the holder to purchase one common share at an exercise price of $0.25 per common share for a period of 18 months from the date of issue. The proceeds from the offering will be used for general corporate purposes.
http://www.metalsnews.com/news.aspx?NewsID=69668
Tamerlanes Pine Point Project
http://intheendwerealldebt.blogspot.com/2009/10/tamerlanes-pine-point-project.html
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