Columbia Metals Corporation Limited Announces Non-Brokered Private Placement.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 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. ) (the "Company") is pleased to announce that it intends to undertake a non-brokered private placement offering of 400,000 units of Columbia at a price of $0.50 per unit for the gross proceeds of $200,000. Each unit will consist of one common share and one half of one common share purchase warrant. Each whole common share purchase warrant ("Warrant") is exercisable for a period of twenty (24) months from the date of issuance at an exercise price of $0.80 per common share for the first twelve (12) months and $1.00 per common share for the final twelve (12) months. 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 connection with this private placement will be paid to Lightfoot Ltd. Proceeds of the placement will be used as general working capital and to develop Columbia's mining properties in Mexico. Shares Outstanding: 44,337,177 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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