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Article: Delta Closes First Tranche Financing with the MineralFields Group and Others.
- Article from:
- Marketwire Canada
- Article date:
- October 8, 2009
CopyrightCOPYRIGHT 2009 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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TORONTO, ONTARIO, Oct 8, 2009 (Marketwire via COMTEX) -- Delta Uranium Inc. (TSX:DUR) ("Delta" or the "Corporation") announces that the Corporation completed a previously announced private placement (the "Private Placement") of flow-through units ("FT Units") at a purchase price of C$0.06 per FT Unit. Each FT Unit consists of one flow-through common share and one flow-through common share purchase warrant (a "Warrant"). Each Warrant shall be exercisable into one common share of the Corporation for a period of two years from closing of the financing, at a price of C$0.15 per share in year one and at C$0.20 in year two.
At the closing on October 7, 2009, a total ...