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Aldridge Minerals Inc Announces $10.5 Million Underwritten Private Placement Financing


Tuesday, 11 Dec 2012 04:33pm EST 

Aldridge Minerals Inc announced that it has entered into an agreement with Dundee Securities Ltd. ("Dundee") under which Dundee has agreed to purchase, on an underwritten private placement basis, 22,105,000 common shares of the Company ("Common Shares") at a price of $0.475 per Common Share (the "Issue Price"), for gross proceeds of approximately $10.5 million (the "Offering"). 

Company Quote

0.295
-0.0050 -1.67%
17 May 2013