| Home : November 2011 : November 01, 2011 News : Relentless Resources Closes $1,000,000 Flow-Through Offering |
Relentless Resources Closes $1,000,000 Flow-Through Offering |
November 01, 2011
CALGARY, ALBERTA--(Marketwire - Oct. 31, 2011) - Relentless Resources Ltd. ("Relentless" or "the Company")(TSX VENTURE:RRL) is pleased to announce that the previously disclosed non-brokered private placement offering has closed fully-subscribed on the issuance of 2,500,000 "flow-through" common shares at a price of $0.40 per share for gross proceeds of $1,000,000. In connection with the offering, the Company paid an arm's-length party a finder's fee of $22,125.00 and issued finders warrants exercisable into 22,125 common shares at a price of $0.40 per share for a period of 12 months from the closing date.
http://www.marketwire.com/mw/release.do?id=1579976&sourceType=3
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