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Article: AZCO Mining Secures $5 Million Financing Commitment With Cornell Capital Partners.
- Article from:
- Business Wire
- Article date:
- August 9, 2002
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Business Editors
GLENDALE, Ariz.--(BUSINESS WIRE)--Aug. 9, 2002
AZCO Mining, Inc. (AMEX:AZC), a rapidly growing industrial minerals, mining and metals enterprise, today announced that it has secured a commitment with Cornell Capital Partners, LP that provides the Company with a $5 million structured equity purchase commitment.
Structured Equity Purchase Commitment
Under the terms of the recently executed structured equity purchase commitment, AZCO may, at its discretion, periodically issue and sell up to $5 million of its common stock to Cornell Capital Partners. Additionally, funding under the facility will be available to the Company ...