Post by
goldstockbully on Nov 21, 2012 1:17pm
FINANCING DISCLOSURE
Since its past 45 days shouldn’t there be a press release regarding the .02 private placement??
2012-09-25 15:22 PT - News Release
The company also reports that it has arranged a non-brokered private placement of up to 10 million units at a price of two cents per unit for total proceeds of up to $200,000, subject to the approval of the TSX Venture Exchange. Up to 10 million units will be issued as non-flow-through units, consisting of one common share and one-half of one non-transferable warrant. Each whole warrant will entitle the holder to purchase one additional common share of the company at a price of five cents per share in the first year and 10 cents per share in the second and final year from the date of closing.
Comment by
shellfish1 on Nov 22, 2012 12:40am
The pp should have been completed had ZNR ... arranged the pp at 0.015, warrants at 0.005 in the first year and for free in the second year from the date of closing. Shellfish