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Article: Eagle Plains Closes $1,881,500 Financing.
- Article from:
- Telecommunications Weekly
- Article date:
- September 2, 2009
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Eagle Plains Resources Ltd. (TSX-V:EPL) has closed a brokered and non-brokered public offering as originally announced on July 21st, 2009 with a further announcement notifying of an increase issued on August 13th, 2009. The financing was offered to arms-length and non-arms length investors and was comprised of 8,107,500 non flow-through units and 1,040,000 flow-through units for gross proceeds of CDN $1,881,500.
Non flow-through units were sold 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. ...