GREY:AUAYF - Post by User
Post by
maxncompanyon Jan 31, 2005 2:21pm
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Post# 8514931
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Adanac Moly Corp
Symbol AUA
Shares Issued 28,035,817
Close 2005-01-28 C$ 0.90
Recent Sedar Documents
Adanac Moly sells 2.3 million units privately
2005-01-31 13:48 ET - News Release
Mr. Larry Reaugh reports
PRIVATE PLACEMENT CLOSES
Adanac Moly Corp. has closed its private placement of 2.3 million units, at a price of 50 cents per unit, which was previously reported in Stockwatch on Dec. 13, 2004.
Each unit consists of one common share in the capital of the company and one non-transferable share purchase warrant. Each warrant will entitle the purchaser to purchase one additional common share, exercisable up to Jan. 26, 2006, at a price of 60 cents per share.
Finders' fees totalling $47,250 were paid in connection with the private placement.
The shares and any shares issued upon exercise of the warrants shall not trade on or before May 27, 2005, under the British Columbia Securities Act, and the policies of the TSX Venture Exchange.