Resumen: Sunset Cove Mining (SSM) anunció que ha recibido suscripciones por un monto total de US$ 200,000. Los ejecutivos y directores han suscrito 145.238 unidades en esta ocasión. Con esto, se procede con el cierre del primer tramo de la colocación privada.
La financiación es una colocación privada que consta de hasta 4'761,905 unidades a un precio de US$0.105 por unidad, para recaudar hasta US$ 500.000. Los ejecutivos y directores han suscrito 145,238 unidades en este primer cierre. "El cierre de este primer tramo, a un precio ligeramente superior al de mercado se muestra el apoyo a lo que estamos haciendo en la puesta del sol", dijo Lorne Woods, Presidente y CEO de la empresa.
Todas las acciones emitidas en virtud de esta colocación serán sujetos a un período de cuatro (4) meses periodo de retención, que expirará el 6 de enero de 2013.
Sunset Cove to Close on First Tranche of Private Placement for $200,000
TORONTO, Sept. 6, 2012 /CNW Telbec/ - Sunset Cove Mining (TSXV: SSM) (BVL: SSM) ("SUNSET COVE" or the "Corporation"), announces that it has received subscriptions in the amount of $200,000. It will be proceeding with a closing on this first tranche of its previously announced private placement on Thursday Sept. 6, 2012.
Executives and directors have subscribed for 145,238 units in this first closing. "The closing of this first tranche at a price slightly above market shows the support for what we are doing at Sunset," said Lorne Woods President and CEO.
All shares issued under this placement will be subject to a four (4) month hold period, which will expire on January 6, 2013.
A finder's fee of 7% cash and 7% broker warrants will be paid to certain arm's length parties. The broker warrants expire 18 months from the closing. The completion of the offering is subject to approval of the TSX Venture Exchange.
It is anticipated that the second and final tranche of this financing will close shortly.
The financing is a non-brokered private placement consisting of up to 4,761,905 units (the "Units") at a price of $0.105 per Unit to qualified investors, to raise up to $500,000.
The Units consist of one (1) common share and one half (1/2) share purchase warrant. Each full share warrant will provide the holder with the right to purchase one (1) additional share for $0.18 per Share. The warrants expire in 18 months from the closing and are subject to an "Acceleration Right" in favor of the Corporation. Should the shares of the Company close at $0.25 or higher for 5 consecutive days, the expiry of the warrants will accelerate and expiry will be 20 days from issuance of a news release by the Corporation announcing the trigger of the acceleration right.
The capital raised will be used for exploration and drilling on the Carolay property and general working capital for the Corporation.
0 comentarios: