NEWS: Cresval Capital Arranges $125,000 FinancingGood News...Non Brokered and money will most likely be used for Assays. The first round of PP money was most likely used up to fund the 8 plus holes drilled this late summer at Bridge River...results pending! Also a warrant set at 30 cents! two times higher than current stock price, shows how low the shares are trading and flow-thru units at 12.5 cents... above the current trading...
Cresval Capital arranges $125,000 financing
2011-11-01 10:25 ET - NewsRelease
Ms. Lee Ann Wolfin reports
CRESVAL ARRANGES NON-BROKERED PRIVATE PLACEMENT
Cresval Capital Corp. has arranged a non-brokered private placement of onemillion flow-through units at a price of 12.5 cents per unit. Each unit placedin connection with the offering consists of one common share and onenon-transferable non-flow-through common share purchase warrant. Each warrant isexercisable to acquire one common share of the company at a price of 30 centsper share for a period of two years from the closing date of the offering.
The private placement is subject to the approval of the TSX VentureExchange.
Proceeds from the offering will be used to finance continued explorationprograms at the Bridge River copper-gold project and the New Raven gold claims.
Vortex