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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Softrock Minerals Ltd | TSXV:SFT | 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% | 0.045 | 0.03 | 0.045 | 0 | 01:00:00 |
Softrock Minerals Ltd. ("Softrock" or the "Company") (TSX VENTURE:SFT) is pleased to announce that the Company has closed its previously announced private placement of 2,000,000 units ("Units") of the Company at a price of $0.07 per Unit for aggregate gross proceeds of $140,000. Each Unit consists of one common share (a "Common Share") of Softrock and one Common Share purchase warrant (a "Warrant") entitling the holder thereof to purchase one Common Share at a price of $0.10 per share for a period of five years; provided that if the volume weighted average trading of the Common Shares on the TSX Venture Exchange is $0.25 per share or higher for 20 consecutive trading days, the Warrants will expire within 30 days of the Company giving notice of such. Proceeds from the proposed financing will be used for general working capital purposes. All securities issued pursuant to the private placement are subject to a four-month hold period. In connection with the private placement the Company paid a finder's fee and issued broker warrants entitling the holder thereof to acquire Units at a price of $0.07 per Unit for a period of five years.
1 Year Softrock Minerals Chart |
1 Month Softrock Minerals Chart |
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