GREY:WFEMF - Post by User
Post by
tradercarib2on Jan 28, 2014 12:40pm
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Post# 22142840
WOF financing news posted on Stockhouse
WOF financing news posted on Stockhouse Woulfe Mining Corp. (TSX: V.WOF, Stock Forum) slipped 11.5% to 11.5 cents after the company reported that it has arranged a non-brokered private placement of up to $4.0 million in principal amount of convertible unsecured subordinated debentures at a price of $1,000 per debenture. The company intends to use the net proceeds of the offering for the completion of the proposed $6.0 million work program on the Sangdong project, located in South Korea, as previously announced on Oct. 28, 2013, which will include diamond drilling to better define the ore body on the project, as well as additional work on mine design, mining method selection, metallurgical process design, and much de-risking of other technical aspects of the project.
Read more at https://www.stockhouse.com/news/micro-cap-report/2014/01/27/cbm-asia-development-(v-tcf)-up-12-5-on-management#sRKWofS4HgPkasDo.99
https://www.stockhouse.com/news/micro-cap-report/2014/01/27/cbm-asia-development-(v-tcf)-up-12-5-on-management