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Dundee's warrants are from the August financing No new warrants accrue in this purchase
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Eagle Hill's shareholders approved a private placement, as previously announced on July 11, 2013, whereby Southern Arc Minerals Inc. ("Southern Arc") and Dundee Corporation together invested an aggregate of $12 million to each hold a 26.14% interest in Eagle Hill. Southern Arc invested $7,324,050 to acquire 97,654,000 units of Eagle Hill and Dundee Corporation invested $4,675,950 to acquire an additional 62,346,000 units at a price of $0.075 per unit. Each unit comprises one common share of Eagle Hill and one half share purchase warrant, with each whole warrant entitling the holder to acquire a further common share of Eagle Hill at a price of $0.10 per share for a period of four years.
Read more at https://www.stockhouse.com/news/press-releases/2013/08/15/eagle-hill-announces-approval-of-12-million-private-placement-election-of-new#L9ChyDAGdO8pxgxl.99