onsdag 18 november 2009

Tamerlane announces up to C$1.5 million financing

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.

Tamerlanes Pine Point Project

Inga kommentarer: