Suche
 
Folgen Sie uns auf:

Noram Ventures Inc. Closes Non-Brokered Financing

27.06.2014  |  FSCwire
Vancouver, British Columbia (FSCwire) - Noram Ventures Inc. (TSX-V: NRM) ("Noram" or the "Company") is pleased to report that the previously announced non-brokered private placement financing (the “Offering”) has been closed to raise gross proceeds of $243,500 through the sale of 4,870,000 common share units (the “Units”).

The Units were priced at $0.05 and consisted of one common share and one non-transferable common share purchase warrant (each, a “Warrant”), with each Warrant entitling the holder to purchase one additional common share at a price of $0.10 until June 26, 2016.

All Warrants are subject to an early acceleration provision which provides for the mandatory exercise or expiry of the Warrants in the event Noram's shares close at $0.20 or higher for at least 10 consecutive trading days. In such event, the Warrants will accelerate and expire 30 days after the Company has given notice of the accelerated conversion to the Warrant holders.

No finder's fees were paid in connection with this Offering. All securities issued in connection with this Offering are subject to a four-month hold period in accordance with securities regulation, until October 27, 2014. The net proceeds from the Offering will be used to finance the Company’s exploration programs and for general working capital purposes.

The Offering remains subject to final acceptance of the TSX Venture Exchange.


About Noram Ventures Inc.:

Noram Ventures Inc. (TSX-V: NRM) is a Canadian based company with a project generator business model. Although the Company’s primary business focus since formation has been the exploration of mineral properties it is now seeking new business opportunities that offer the potential for near term cash flow to create shareholder value. For further information, please visit www.noramventures.com.

Business development and corporate communications contact:
Greg Lytle,
Direct: (604) 839-6946,
Email: info@noramventures.com


ON BEHALF OF THE BOARD OF DIRECTORS

/s/ “David W. Rees”
President & Director



NEITHER THE TSX VENTURE EXCHANGE, NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED UNDER THE POLICIES OF THE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.
Bewerten 
A A A
PDF Versenden Drucken

Für den Inhalt des Beitrages ist allein der Autor verantwortlich bzw. die aufgeführte Quelle. Bild- oder Filmrechte liegen beim Autor/Quelle bzw. bei der vom ihm benannten Quelle. Bei Übersetzungen können Fehler nicht ausgeschlossen werden. Der vertretene Standpunkt eines Autors spiegelt generell nicht die Meinung des Webseiten-Betreibers wieder. Mittels der Veröffentlichung will dieser lediglich ein pluralistisches Meinungsbild darstellen. Direkte oder indirekte Aussagen in einem Beitrag stellen keinerlei Aufforderung zum Kauf-/Verkauf von Wertpapieren dar. Wir wehren uns gegen jede Form von Hass, Diskriminierung und Verletzung der Menschenwürde. Beachten Sie bitte auch unsere AGB/Disclaimer!




Mineninfo
Noram Lithium Corp.
Bergbau
A3CWAR
CA65542K1030
Minenprofile
Alle Angaben ohne Gewähr! Copyright © by GoldSeiten.de 1999-2024.
Die Reproduktion, Modifikation oder Verwendung der Inhalte ganz oder teilweise ohne schriftliche Genehmigung ist untersagt!

"Wir weisen Sie ausdrücklich auf unser virtuelles Hausrecht hin!"