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Article: Radar Acquisitions Corp. Announces Completion of $1,047,750 Private Placement.
- Article from:
- Canadian Corporate News
- Article date:
- August 22, 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 22, 2008 (Marketwire via COMTEX) -- Radar Acquisitions Corp. ("Radar") (TSX VENTURE:RAC), is pleased to announce that Radar has completed a non-brokered private placement of 4,762,500 units at a price of C$0.22 per unit for gross proceeds of up to C$1,047,750. Each unit consists of one common share and one half of a common share purchase warrant. Each whole warrant is exercisable at C$0.33 per common share for a period of one year from closing. The private placement was increased from the amount disclosed in the press release of Radar dated July 29, 2008 from 3,204,545 units to 4,762,500 units.
Total finder's fees of $69,924.80 and 317,840 finder's ...
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