| Home : June 2012 : June 19, 2012 News : Minsud Announces Closing of Above Market Non-Brokered Private Placement Financing for Gross Proceeds of $970,000 |
Minsud Announces Closing of Above Market Non-Brokered Private Placement Financing for Gross Proceeds of $970,000 |
June 19, 2012
TORONTO, ONTARIO--(Marketwire - June 18, 2012) - Minsud Resources Corp. (TSX VENTURE:MSR) ("Minsud" or the "Company") is pleased to announce the closing of a non-brokered private placement offering of units in Minsud (the "Units") for gross proceeds of $970,000 (the "Private Placement"). In connection with the closing of the Private Placement, Minsud issued 5,105,266 Units at a price of $0.19 per Unit with each Unit comprising of one common share in the capital of the Company ("Common Share") and one half of one common share purchase warrant ("Warrant"). Each whole Warrant is exercisable for one Common Share at a price of $0.35 for a period of 24 months from the closing date of the Private Placement.
http://www.marketwire.com/mw/release.do?id=1670651&sourceType=3
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