MONEY MONEYAurogin closes three financings for $450,000 total
Aurogin Resources Ltd (TSX-V:AUQ)
Shares Issued 22,409,055
Last Close 11/23/2004 $0.09
Friday November 26 2004 - News Release
Mr. Glenn Yeadon reports
CLOSING OF PRIVATE PLACEMENTS
Aurogin Resources Ltd. has closed the following private placements:
the $200,000 private placement with the MineralFields Group announced Oct. 20, 2004, consisting of two million units at a price of 10 cents per unit, each unit consisting of one flow-through common share and one share purchase warrant, with each warrant entitling the holder to purchase one additional ordinary common share at a price of 12 cents until Nov. 12, 2005, and thereafter at a price of 14 cents until Nov. 12, 2006. There were also 200,000 additional share purchase warrants having the same terms as disclosed above issued in payment of a finder's fee in connection with this private placement. All of the securities issued in connection with this private placement are subject to a hold period in Canada until March 13, 2005;
the $55,000 private placement announced Nov. 5, 2004, consisting of 550,000 units at a price of 10 cents per unit, each unit consisting of one flow-through common share and one share purchase warrant, with each warrant entitling the holder to purchase one additional ordinary common share at a price of 15 cents until Nov. 12, 2006. All of the securities issued in connection with this private placement are subject to a hold period in Canada until March 13, 2005;
the $200,000 private placement with Endeavour Flow-Through (2004) Ltd. Partnership announced Nov. 9, 2004, consisting of two million units at a price of 10 cents per unit, each unit consisting of one flow-through common share and one share purchase warrant, with each warrant entitling the holder to purchase one additional ordinary common share at a price of 12 cents until Nov. 22, 2005, and thereafter at a price of 14 cents until Nov. 22, 2006. There were also 160,000 units issued to Strand Securities Corp. in payment of a finder's fee, each unit consisting of one ordinary common share and one share purchase warrant, with the warrants having the same terms as the warrant issued to Endeavour. All of the securities issued in connection with this private placement are subject to a hold period in Canada until March 23, 2005.
© 2004 Canjex Publishing Ltd.