We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
K92 Mining Inc (QX) | USOTC:KNTNF | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.02 | 0.38% | 5.33 | 5.32 | 5.33 | 5.44 | 5.31 | 5.31 | 18,585 | 17:06:30 |
VANCOUVER, British Columbia, March 06, 2018 (GLOBE NEWSWIRE) -- K92 Mining Inc. (“K92”) (TSXV:KNT) is pleased to announce the completion of its previously announced brokered private placement for gross proceeds of $6,500,025 (the “Offering”). Pursuant to the private placement, the company issued a total of 14,444,500 Units (“Units”) at a price of $0.45 per Unit. Each Unit consists of one common share and one half of one common share purchase warrant, with each whole warrant entitling the holder to purchase one common share at an exercise price of $0.65 for 18 months following the completion of the Offering.
The private placement was led by Clarus Securities Inc. as lead agent and sole bookrunner, on behalf of a syndicate of agents including Eventus Capital Corp. The Company paid a cash commission equal to 7.0% of the gross proceeds of the Offering. The Company also issued compensation warrants equal to 7.0% of the number of Units sold under the Offering.
The net proceeds raised from the Offering will be used by the company for the purchase of a gravity circuit, exploration, equipment and for general working capital.
All securities issued in connection with the Offering are subject to a four-month-plus-one-day hold expiring on July 7,2018.
On behalf of the company
John Lewins, CEO and Director
Suite 488 – 1090 West Georgia Street
Vancouver, British Columbia
Canada V6E 3V7
Telephone: (604) 687-7130
Facsimile: (604) 608-9110
1 Year K92 Mining (QX) Chart |
1 Month K92 Mining (QX) Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions