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Article: Capstone Mining Makes Strategic Investment in Nevada Copper.
- Article from:
- Marketwire Canada
- Article date:
- November 3, 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, Nov 3, 2009 (Marketwire via COMTEX) -- Nevada Copper Corp. (TSX:NCU) ("Nevada Copper") is pleased to announce the closing of its previously announced private placement in the amount of CDN$11.25 million (the "Private Placement") by Capstone Mining Corp. ("Capstone").
A summary of significant terms of this strategic investment by Capstone in Nevada Copper, pursuant to an investment agreement between Capstone and Nevada Copper (the "Investment Agreement"), include the following:
- Private Placement. Capstone has subscribed for 4,500,000 units (the "Units") of Nevada Copper, each Unit consisting of one common share (a "Common ...