Blue Pearl Arranges Private Placement.TORONTO -- Blue Pearl Mining (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :BLE)(TSX:BLE.WT)(FRANKFURT:A6R) is pleased to announce that it has arranged a private placement of 500,000 Units with Berner & Company Inc. at a price of $0.80 per Unit. Each Unit of the private placement comprises one common share, one "A" warrant and 0.4 of one "B" warrant.Each whole "A" warrant entitles the holder to purchase one common share at a price of $1.00 and each whole "B" warrant entitles the holder to purchase one common share at a price of $0.80 for two years from the closing of the private placement.The private placement is expected to close within 45 days, subject to acceptance for filing by the Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. . Blue Pearl is a Canadian mineral resource company focused on developing the Davidson molybdenum molybdenum (məlĭb`dənəm) [Gr.,=leadlike], metallic chemical element; symbol Mo; at. no. 42; at. wt. 95.94; m.p. about 2,617°C;; b.p. about 4,612°C;; sp. gr. 10.22 at 20°C;; valence +2, +3, +4, +5, or +6. deposit near Smithers Smithers is a surname, and may refer to: People People with the surname Smithers
Shares outstanding: 43,069,382 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 the ad equacy or accuracy of this release. Blue Pearl Mining Ltd. (TSX:BLE) (TSX:BLE.WT) |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion