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Article: Prize Mining Corporation Completes Private Placement of Units.
- Article from:
- Canadian Corporate News
- Article date:
- August 19, 2008
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Copyright informationCOPYRIGHT 2008 Canadian Corporate News. News Provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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CALGARY, ALBERTA, Aug 19, 2008 (Marketwire via COMTEX) -- Prize Mining Corporation ("Prize") (TSX VENTURE:PRZ) is pleased to announce that it has closed a private placement offering of a combination of units ("Units") and common shares of Prize issued on a tax flow through basis ("Flow Through Shares"). A total of 1,955,000 Flow Through Shares at price of $0.10 per Flow Through Share and 100,000 Units at a price of $0.10 per Unit were issued for total gross proceeds of $205,500. Each Unit consists of one common share ("Common Share") and one-half of one Common Share purchase warrant ("Warrant"). Each whole Warrant entitles the holder thereof to purchase one Common Share during ...