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Provider: Reuters Investment Profile
Provider: GlobalData
Provider: GlobalData
Provider: GlobalData

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Cavan Ventures Inc Announces Financing

Monday, 15 Jul 2013 03:48pm EDT 

Cavan Ventures Inc announced that it has arranged a non-brokered private placement of up to 15 million units at a price of $0.05 per Unit for aggregate gross proceeds of $750,000 (the Offering). Each Unit will be comprised of one common share and one Share purchase warrant of the Company (Warrant). Each Warrant will entitle the holder to purchase one Share (a Warrant Share) for a period of 24 months from the closing date at an exercise price of $0.10 per Warrant Share. The proceeds raised will be used for general corporate purposes and for advancing its CAGE graphite project in Ontario adjacent to Zenyatta Ventures Ltd. Albany property. 

Company Quote

0.0050 +12.50%
21 Jul 2014