|
|
Article: Trueclaim Exploration Inc. Announces Non-Brokered Private Placement to Raise $1 Million for Exploration Program for Claims Recently Acquired Adjacent to its Scadding Gold Project.
- Article from:
- Marketwire Canada
- Article date:
- November 5, 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)
|
ST. THOMAS, ONTARIO, Nov 5, 2009 (Marketwire via COMTEX) -- Trueclaim Exploration Inc. (the "Company") (TSX VENTURE:TRM) is pleased to announce that it has arranged a non-brokered private placement (the "Private Placement") with MineralFields group to raise $1,000,000 through the issuance of 4,000,000 flow-through units (each a "Flow-Through Unit"). Each unit will consist of one common share in the capital of the Company, to be issued at $.25 per Flow-Through Unit on a flow-through basis under the provisions of the Income Tax Act (Canada), and one-half common share purchase warrant. Each full warrant will have a term of 24 months from the date of issuance (the "Expiry ...