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DNI

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Share Name Share Symbol Market Type
TSXV:DNI 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 -

DNI Announces $2 Million Private Placement

06/04/2015 1:00pm

PR Newswire (Canada)


DNI Metals Inc. (TSXV:DNI)
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DNI METALS INC. (DNI : TSX-Ven)(DG7 : Frankfurt)

TORONTO, April 6, 2015 /CNW/ - The Corporation's Board of Directors approved the filing with TSXV of a Private Placement Notice Form allowing it to complete a non-brokered private placement of up to 12,500,000 Common Shares at a price of $0.16 per Common Share for gross proceeds of $2,000,000.00 (the "Private Placement"). The offering will be subject to a 4 month plus 1 day hold. Subject to TSXV conditional approval.

The use of Proceeds of the Private Placement will be for corporate cash flow purposes.

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

DNI - TSX Venture
DG7 - Frankfurt
Issued: 18,985,702

We seek Safe Harbour. This announcement includes forward looking statements. While these statements represent DNI's best current judgment, they are subject to risks and uncertainties that could cause actual results to vary, including risk factors listed in DNI's Annual Information Form and its MD&As, all of which are available from SEDAR and on its website.

SOURCE DNI Metals Inc.

Copyright 2015 Canada NewsWire

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