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Article: Eagle Plains Announces Financing.

Article from:
Mining & Minerals
Article date:
August 7, 2009
Copyright

Eagle Plains Resources Ltd. (TSX-V:EPL) announces that the Company intends to complete a non-brokered private placement to arms-length and non arms-length investors. Application will be filed with the TSX Venture Exchange (TSX-V) to sell up to 7,000,000 non-flow-through units at a price of $.20 CDN per unit, each unit consisting of a non-flow-through common share and one-half non-flow-through common share purchase warrant, each whole warrant exercisable at $.30 CDN for a 24 month period.

The Company will also offer up to 1,000,000 flow-through units at a price of $.25 CDN per unit, each unit consisting of a flow-through common share and a non-flow-through common ...

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