African Queen 9.6-million-share private placement**
African Queen 9.6-million-share private placement
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African Queen Mines Ltd (C:AQ)
Shares Issued 48,652,693
Last Close 8/4/2011
.24
Friday August 05 2011 - Private Placement
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The TSX Venture Exchange has accepted for filingdocumentation with respect to a non-brokered private placement for AfricanQueen Mines Ltd. announced July 8, 2011:
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Number of shares:9.6 million shares
Purchase price:25 cents per share
Warrants:4.8 million share purchasewarrants to purchase 4.8 million shares
Warrant exercise price:40 cents fora two-year period
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Hidden placees:36
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Pro groups:Channing Buckland400,000; Tom Seltzer 150,000; Martin Tielker 68,500
Finders' fees:Haywood SecuritiesInc. -- $25,987.50; Topleft Securities Ltd. (Brad Peech) -- $14,437.50; RaymondJames Ltd. -- $6,300; Scott Young -- $2,187.50; Canaccord Capital -- $8,750;HDL Capital Corp. -- $3,500
© 2011 Canjex Publishing Ltd.