Columbia Announces Closing Of A $4,155,000 Private Placement Financing.TORONTO Toronto (tərŏn`tō), city (1998 est pop. 2,400,000), provincial capital, S Ont., Canada, on Lake Ontario. Toronto is the largest city in Canada and since the 1970s has been one of the fastest-changing cities in North America, experiencing -- Columbia Columbia, cities, United States Columbia (kəlŭm`bēə). 1 City (1990 pop. 75,883), Howard co., central Md., between Washington, D.C., and Baltimore. Metals Corporation Limited (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:COL col (kol) a depression in the interdental tissues just below the interproximal contact area, connecting the buccal and lingual papillae. col n. ) is pleased to announce the closing of a private placement financing. Under the private placement financing, gross proceeds of $4,155,000, representing 8,310,000 units at a price of $0.50 per unit have been received. Each unit is comprised of one common share and one half of one common share purchase warrant of Columbia. Each whole common share purchase warrant is exercisable for one Columbia common share at $0.65 per common share up to and including February 22, 2008. Columbia intends to use the proceeds of the private placement financing for general working capital, development work on Columbia's properties in Mexico as well as new property acquisitions. With this private placement, Columbia is now fully funded for all its ongoing projects and general working capital for the fiscal year 2006. Union Securities Ltd. has received a 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. in the amount of $276,375.00 and 623,250 finder's warrants exercisable at a price of $0.65 per common share up to and including February 22, 2008 and Margaret Miller has received as finder's fee, 85,500 common shares and 42,750 finder's warrants exercisable at a price of $0.65 per common share up to and including February 22, 2008. Shares Outstanding: 46,533,577 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 resp onsibility for the adequacy or accuracy of this release. Columbia Metals Corporation Limited (TSX VENTURE:COL) |
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