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Provider: Reuters Investment Profile

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Aegean Metals Group Inc Announces Non Brokered Private Placement

Monday, 1 Apr 2013 08:00am EDT 

Aegean Metals Group Inc announced a private placement financing (the Private Placement) of up to 10,000,000 units (the Units) at a price of $0.15 per Unit for an aggregate subscription price of up to $1,500,000. Each Unit consists of one common share of the Company and one common share purchase warrant entitling the holder thereof to purchase an additional common share of the Company at a price of $0.25 per share for a period of two years. Proceeds from the Private Placement will be used for exploration at the Company's Turkish assets, as well as general and administrative expenses. 

Company Quote

16 Dec 2014