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Blackheath Resources Inc Announces $1,050,000 Private Placement To Strategic Group Of Investors


Friday, 11 Jan 2013 01:53pm EST 

Blackheath Resources Inc announced that it plans to conduct a non-brokered private placement of up to 3,000,000 units (the "Units") at a price of $0.35 per Unit for aggregate gross proceeds of up to $1,050,000 (the "Private Placement"). The Units will be issued to a strategic group of investors. Each Unit will be comprised of one common share of the Company and one non-transferable common share purchase warrant (a "Warrant"). Each Warrant will entitle the holder to purchase one additional common share of the Company at an exercise price of $0.50 per share for a period of 36 months from closing of the Private Placement. 

Company Quote

0.245
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22 Dec 2014