| Home : August 2012 : August 02, 2012 News : Can-Cal Resources Announces $250,000 Private Placement and Closing of First Tranche |
Can-Cal Resources Announces $250,000 Private Placement and Closing of First Tranche |
August 02, 2012
LAS VEGAS, NEVADA--(Marketwire - Aug. 1, 2012) - Can-Cal Resources Ltd. ("Can-Cal") (OTCBB:CCRE) is pleased to announce that it intends to complete a non-brokered private placement of units ("Units") at a price of $0.10 per Unit for gross proceeds of up to US$250,000. Each Unit will consist of one common share ("Common Share") and one Common Share purchase warrant ("Warrant"). Each Warrant will be exercisable into one additional Common Share at an exercise price of US$0.15 per share until the date that is two years from the date of issuance.
http://www.marketwire.com/mw/release.do?id=1686309&sourceType=3
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