Augyva Completes a $120,000 Financing.RADISSON, Quebec Radisson is a small village situated near the Robert-Bourassa hydroelectric power station on the La Grande River in the James Bay region of Quebec. Geographically, Radisson is located halfway between the southern and northern most points in Quebec and is the only non-native town -- Augyva Mineral Resources inc. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:AUV AUV Action Utility Vehicle AUV Autonomous Underwater Vehicle AUV Autonomous Unmanned Vehicle AUV Asian Utility Vehicle AUV Accumulation Unit Value AUV Average Unit Volume AUV Astronomska Udruga Vidulini (Croatia) AUV Annualized Unit Volume ) is pleased to announce the completion of its previously announced $ 120,000 financing. The Company will issue 1,000,000 units at a price of $ 0.12 per unit, each unit consisting of one common share and one common share purchase warrant. Each warrant entitles the holder to acquire one common share of the Company for a period of one year following closing at an exercise price of $ 0.18 per share. Two insiders acquired 150,000 units from the placement. A 10 % commission will be paid out to Francine HE[umlaut umlaut (  m`lout) [Ger.,=transformed sound], in inflection, variation of vowels of the type of English man to men. ]bert in the form of 100,000 common shares of the Company. All securities issued in connection with this financing are subject to a four-month minimum hold period. Augyva Mineral Resources Inc is a junior mining exploration company listed on the TSX-Venture Exchange whose primary objective is to develop and bring into production viable mineral deposits.The proceeds of the financing will be used for 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. has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. AUGYVA MINERAL RESOURCES INC. (TSX VENTURE:AUV) |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion