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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Knight Metals Ltd. | TSXV:KNP | 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 | - |
NOT FOR DISSEMINATION INTO THE UNITED STATES OF AMERICA OR DISTRIBUTION TO U.S. NEWSWIRE SERVICES Mr. David Patterson, Chairman of Knight Resources Ltd. (TSX VENTURE:KNP)(FRANKFURT:KRL) reports that the Company is undertaking a non-brokered private placement in an amount of $600,000. The private placement will consist of 2,608,695 Quebec flow-through units ("QFT Unit") at a price of $0.115 per QFT Unit and 2,727,272 flow-through units ("FT Unit") at a price of $0.11 per FT Unit. Each QFT Unit and each FT Unit will consist of one common share and one-half of one common share purchase warrant. Each whole warrant entitles the holder to acquire one common share at a price of $0.15 for the first 12 months following the closing, and at a price of $0.20 for the remaining 12 months thereafter. The funds raised by way of the financing will be used for exploration of the West Raglan Project, located in northern Quebec. Fees and commissions will be payable in connection with the private placement. The private placement is subject to the approval of the TSX Venture Exchange. ON BEHALF OF THE BOARD OF KNIGHT RESOURCES LTD. David Patterson, Chairman
1 Year Knight Metals Ltd. Chart |
1 Month Knight Metals Ltd. Chart |
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