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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Falkirk Resources Corp. | TSXV:FLK | 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 | - |
Falkirk Resources Corp. (TSX VENTURE:FLK) announced today that it has changed the terms of its proposed non-brokered private placement as announced May 4, 2012. Due to market conditions, the Company has reduced the issue price to $0.05 per unit, for up to 60,000,000 units (the "Units") for aggregate proceeds of up to $3,000,000. The Company expects to close the private placement within thirty (30) days. Each Unit consists of one common share of the Company and one non-transferable share purchase warrant; each warrant will entitle the purchaser to purchase an additional common share at a price of $0.10 per share for a period of twenty-four months following the closing of the offering. The net proceeds of the financing will be added to working capital. Shares acquired by the placees, and shares which may be acquired upon the exercise of the share purchase warrants, will be subject to a hold period of four months plus one day from the date of closing of the offering in accordance with applicable securities legislation. The private placement is subject to the approval of the TSX Venture Exchange. ON BEHALF OF THE BOARD OF DIRECTORS OF FALKIRK RESOURCES CORP. Karl Kottmeier, President
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1 Month Falkirk Resources Corp. Chart |
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