/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS./
TORONTO, March 25, 2014 /CNW/ - Pursuant to private placements of Ecuador Gold & Copper Corp. (TSX-V: EGX) (the "Company"), which closed on September 23, 2013 and November 6, 2013 , the Company issued to Aura International Services Ltd. ("Aura") an aggregate of 28,003,157 common shares and 28,003,157 share purchase warrants (each a "Warrant") to purchase an additional 28,003,157 common shares of the Company at a price of US$0.075 per common share.
The Company is pleased to announce that Aura has completed the exercise of 6,666,666 Warrants and has paid the Company a total purchase price of US$500,000. Previously, Aura exercised an aggregate of 23,333,332 warrants for total gross proceeds to the Company of US$1,750,000 in December 2013, January 2014 and February 2014, as further described in the Company's news releases dated December 16, 2013, January 15, 2014 and March 3, 2014.
Aura now holds a total of 119,730,254 common shares of the Company, representing approximately 52% of the issued and outstanding shares of the Company on an undiluted basis.
Cautionary Note
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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!