$600K P.P.The floor is set on BHV. This is a great buy down here.. Once this PP closes, we'll be back in the 20's again
for starters.
FT
BELLHAVEN TO RAISE UP TO CA$600,000 IN A NON-BROKERED PRIVATE PLACEMENT
BellhavenCopper & Gold Inc. has arranged a non-brokered private placement ofup to four million units at a price of 15 cents per unit. Each unitcomprises one common share of the company and one share purchasewarrant. Each share purchase warrant will entitle the holder to acquireone common share of the company at a price of 25 cents for a term oftwo years.
The proceeds will be used:
- For acquisition and exploration of mineral properties in Colombia;
- For the engagement of technical personnel in Colombia and Panama;
- To advance the company's 100-per-cent-owned Pitaloza high-sulphidation epithermal gold prospect in Panama;
- For general working capital.
Closing of the private placement is subject to TSX Venture Exchange approval.