Cloudbreak Resources Ltd. Private Placement Closed.VANCOUVER, British Columbia -- Cloudbreak Resources Ltd. (the "Company") (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:CDB CDB Common Database CDB Caribbean Development Bank CDB Convention sur la Diversité Biologique (Convention on Biological Diversity) CDB China Development Bank (Beijing, China) CDB Capital Development Board ) (FWB (Fixed Wireless Broadband) See fixed wireless. :C6K) announces that further to its news release dated June 29, 2006, it has closed its private placement of 2,300,000 units at a price of $0.10 per unit for gross proceeds of $230,000. Each unit consists of one common share and one share purchase warrant, each warrant entitling the holder to purchase an additional common share at a price of $0.12 per share for a period of one year. A cash finder's fee Finder's fee A fee a person or company charges for service as an intermediary in a transaction. finder's fee The charge levied by a person or firm for putting together a deal. of $8,000 was paid to Feliberto Gurat Jr. The securities issued pursuant to the private placement to the placees are subject to restrictive legends expiring on December 25, 2006. The proceeds of the private placement will be used for general working capital. ON BEHALF OF THE BOARD OF DIRECTORS CLOUDBREAK RESOURCES LTD. Per: Mitchell Adam, Director and President 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 the accuracy of this release. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion