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Article: Altair Announces Proposed Private Placement.
- Article from:
- Marketwire Canada
- Article date:
- October 9, 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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VANCOUVER, BRITISH COLUMBIA, Oct 9, 2009 (Marketwire via COMTEX) -- Altair Ventures Incorporated ("Altair") (TSX VENTURE:AVX) announces that it plans to raise up to $750,000 in a non-brokered private placement financing (the "Offering"). The Offering consists of up to $500,000 in Flow-Through Units (the "FT Units") at $0.17 per FT Unit and up to $250,000 in non-flow-through Units ("the Units") at $0.15 per Unit. Each FT Unit and each Unit will consist of one common share and one-half of a common share purchase warrant. Each full warrant included in the FT Units will entitle the holder to purchase one additional Altair common share for $0.25 and each full warrant included ...