AntOro Completes a Private Placement for $265,000.MONTREAL Montreal (mŏn'trēôl`), Fr. Montréal (môNrāäl`), city (1991 pop. 1,017,666), S Que., Canada, on Montreal island, surrounded by St. Lawrence River and Rivière des Prairies. -- AntOro Resources Inc. is pleased to announce that it has completed a private placement of units of common and flow-through shares at a price of $1,000 per unit with Quebec and Ontario subscribers totalling $265,000.Each unit comprises 1,600 common shares and 6,400 flow-through shares at $0,125 per share; 800 common share warrants and 3,200 flow-through warrants at $0.15 per share purchased.Warrants are valid until June 30, 2006.The shares of this placement will be subject to transfer restrictions for a period of four months from the date of their subscription. The net proceeds Net Proceeds The amount received after all costs are deducted from the sale of a piece of property or security. Notes: In the case of an investor selling a security, net proceeds represent the proceeds from the sale minus any trading costs (i.e. commissions). will be used for exploration and for the company's working capital. The TSX Venture Exchange TSX Venture Exchange Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors. does not accept responsibility for adequacy or accuracy of this release. AntOro Resources Inc. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:ORE) |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion