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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Broadway Gold Mining Ltd | TSXV:BRD | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.075 | 0.085 | 0.085 | 0 | 01:00:00 |
Bluerock Resources Ltd. (TSX VENTURE:BRD) (the "Company") - NOT FOR DISSEMINATION IN THE UNITED STATES OR VIA US NEWSWIRE SERVICES The Company announces a non-brokered private placement to issue up to 2,750,000 subscription receipts at $0.10 per receipt, to raise up to C$275,000 (the "Offering"). Subscription receipts will be issued pending the Company's consolidation of its outstanding share capital (see Company's news release of March 13, 2009). Each subscription receipt will entitle the holder to receive one Unit, for no additional consideration, upon closing of the said consolidation; each Unit to consist of one post-consolidated common share and one share purchase warrant. Each warrant will entitle the holder to purchase one additional post-consolidated common share, exercisable for two years from the closing date, at a price of $0.15 per share. The Company will use the private placement funds for its general working capital purposes and to pay certain outstanding debts. Finder's fees may be paid in accordance with the guidelines of the TSX Venture Exchange. The private placement is subject to approval of the TSX Venture Exchange. The Company also announces that Clifford C. Rennie has resigned as a Director and Chairman of the board of the Company. The Company would like to take this opportunity to acknowledge the time and effort that Mr. Rennie has put into the Company and wishes him well in his future endeavours. ON BEHALF OF THE BOARD OF DIRECTORS Michael Collins, President and CEO FORWARD LOOKING INFORMATION DISCLAIMER Certain of the statements made and information contained herein is "forward-looking information" within the meaning of applicable securities legislation, including statements concerning our plans to raise private placement funds, settle debts and consolidate our shares. Each of these activities involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Risks include delays in obtaining or failure to obtain required TSXV or shareholder approvals. There is no assurance the Company will be able to find or acquire mineral properties of the nature desired. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.
1 Year Broadway Gold Mining Chart |
1 Month Broadway Gold Mining Chart |
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