PPCandorado flow-through private placement
2009-11-16 16:31 ET - Private Placement
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Nov. 2, 2009.
Shares: seven million flow-through shares
Price: five cents
Warrants: seven million share purchase warrants to purchase seven million shares
Exercise price: 10 cents for a two-year period
Hidden placees: two
Insiders: BMO Nesbitt Burns ITF Mineralfields Pathway Quebec Mining 2009 II Flow-Through LP six million
Finder's fee: Limited Market Dealer Inc. -- $14,000 and 630,000 finder's options that are exercisable into units at five cents per unit; each unit comprises one common share and one share purchase warrant that is exercisable into one common share at 10 cents per share for a two-year period