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Polar Star Mining Corporation POSRF



GREY:POSRF - Post by User

Comment by gadchrison May 17, 2007 8:22am
207 Views
Post# 12795878

RE: Why ?

RE: Why ?the financing was a accreditive (tax shelter). In french the news was more clear: "Ressources Pro-Spect-Or Inc. (TSX CROISSANCE:PSR) est fière d'annoncer qu'elle a conclu une entente visant un placement privé sans courtier pour un montant de 2 000 000 $ CAN pour la vente de 8 000 000 unités accréditives (les "Unités"), à un prix de souscription de 0.25$ par Unité, à MineralFields Group et plusieurs investisseurs individuels, sujet à l'approbation finale de la Bourse de croissance TSX." You can save up to 48% in tax. That's why the financing was at $0.25 gadchris
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