-Wolverton Securities handles Otterburn Resources IPO.
M2 EQUITYBITES-January 7, 2011--Wolverton Securities handles Otterburn Resources IPO(C)2011 M2 COMMUNICATIONS http://www.m2.com
7 January 2011 - Wolverton Securities has served as agent for the USD502,000 (EUR386,000) initial public offering by Otterburn Resources Corp, the Canadian mineral properties exploration and development firm said on Friday after the close of the transaction.
The company sold 3.35m pieces of its common stock at USD0.15 per share to raise funds for its Adam's Lake Property located in British Columbia.
Otterburn expects to list its common shares on the TSX Venture Exchange and start trading on 10 January under the symbol OBN.
After the IPO, the company has 12,951,334 common shares issued and outstanding.
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|Publication:||M2 EquityBites (EQB)|
|Date:||Jan 7, 2011|
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