PINL:HLOSF - Post by User
Post by
sweenbyon Oct 19, 2010 10:57pm
241 Views
Post# 17585617
Halo closes
Halo closesHalo Resources closes $450,000 private placement
2010-10-19 22:21 ET - News Release
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.
Here is a sample of this item:
Mr. Marc Cernovitch reports
HALO COMPLETES $450,000 FINANCING
Halo Resources Ltd. has completed its financing announced in Stockwatch on Sept. 29, 2010, as amended in Stockwatch on Oct. 1, 2010, by issuing 1.8 million units at a price of 25 cents per unit for total gross proceeds of $450,000. Each unit comprised one common share of the company and one common share purchase warrant. Each warrant is exercisable to acquire one additional common share of the company for two years at a price of 35 cents per share. Finders' fees totalling $7,200 cash and 21,600 finder warrants were paid on a portion of the private placement. The finder warrants have the same terms as the private placement warrants.
The remainder is available to Stockwatch subscribers. Click the yellow link above for a free trial subscription.