RE:RE:CVN in ZEN playI am thinking possible a share exchange on the open market. They said .06 per unit so my guess is shares will given to the buyer between 035 and .09 and will average in the end .06! Create some liquidity for existing share holders as well. Justa guess. I know some people have talked about a possible update from another larger producer near by "ZEN" so who knows. Something is up though. Last time this stock saw volume as it did yesterday it cruised 200%! Will have to wait for either a pop or an update from inside. VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 17, 2013) - Cavan Ventures Inc. ("Cavan" or the "Company") (TSX VENTURE:CVN) announces that it has arranged a non-brokered private placement of up to 5 million flow-through units ("Units") at a price of $0.06 per Unit for aggregate gross proceeds of $300,000 (the "Offering"). Each Unit will be comprised of one flow-through common share ("Share") and one non-flow-through share purchase warrant of the Company ("Warrant"). Each Warrant will entitle the holder to purchase one Share (a "Warrant Share") for a period of 24 months from the closing date at an exercise price of $0.10 per Warrant Share.