If SOV managed to close 1/3 of the 0.12 PP which is 4 cents higher than the market, why can't ZNR close some of their 0.085 PP ???
Soldi closes first tranche for $229,800
2012-04-25 21:30 ET - News Release
Mr. Charles Desjardins reports
SOLDI VENTURES INC. CLOSES FIRST TRANCHE OF ITS PRIVATE PLACEMENT
Soldi Ventures Inc. has closed the first tranche, with respect to the non-brokered private placement announced on April 2, 2012. The company has raised $229,800 at a price of 12 cents per share.
A total of 1,915,000 units at a price of 12 cents per unit were issued as non-flow-through units, consisting of one common share and one share purchase warrant. One warrant will entitle the holder to purchase one additional common share of the company at a price of 15 cents per share for the first year and 18 cents until expiration on the second year.
Shares, warrants and any shares issued upon exercise of the warrants are subject to a hold period of four months expiring Aug. 26, 2012. The proceeds of the private placement will be used for exploration activities and general working capital.
The following pros participated in the private placement:
- Pro group:
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- Dallas Fahy, 100,000 non-flow-through shares;
- Finders' fees:
-
- Andy Chu, $12,000 and 100,000 warrants;
- Macquarie Private Wealth Inc., $6,480 and 54,000 warrants;
- Canaccord Genuity Corp., $600 and 5,000 warrants.
Each broker warrant is exercisable at a price of 12 cents per share per share until expiration on April 25, 2014.
We seek Safe Harbor
Recent Trades - All 2 today
| 10:59:48 |
V |
0.08 |
-0.015 |
4,000 |
7 TD Sec |
7 TD Sec |
K |
| 10:59:48 |
V |
0.085 |
-0.01 |
6,000 |
2 RBC |
7 TD Sec |
KL |
SUCYN