RE: Drill results just released...3 new zones!Andover 2,233,334-share private placement
2010-01-21 16:15 ET - Private Placement
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement for Andover Ventures Inc. announced Dec. 3, 2009, and Dec. 11, 2009.
Number of shares: 2,233,334 shares
Purchase price: 30 cents per share
Warrants: 1,116,668 share purchase warrants to purchase 1,116,668 shares
Warrant exercise price: 45 cents for a two-year period
Hidden placees: 13
Insider: Gordon Blankstein 191,667
Finders' fees: Canaccord Financial Ltd. -- $2,520; Redplug Capital Corp. (Otis Brandon Munday) -- $3,570; Euroscandic International Group Inc. (Scott Eldridge/Daniel Schiber) -- $5,250; Blackmont Capital Inc. -- $4,200