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Provider: Reuters Investment Profile
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Curlew Lake Resources Inc Closes Equity Financing For Gross Proceeds of $430,000


Friday, 23 Nov 2012 03:42pm EST 

Curlew Lake Resources Inc announced that the Company received acceptance from the TSX Venture Exchange to close the private placement. In accordance with the provisions of the Subscription Agreements, on November 23, 2012, the Company issued a total of 8,600,000 Units at $0.05 per Unit, each Unit consisting of one common share and one share purchase warrant, each warrant entitling the holder to purchase one additional common share at $0.10 per share on or before November 22, 2014. All of these shares, including any shares issued on exercise of the warrants, will be subject to a hold period under applicable Canadian securities laws expiring on March 24, 2013, and will be subject to such further restrictions on resale as may apply under applicable foreign securities laws; The Company also paid a total of $10,150 cash as finders' fees in connection with the financing. 

Company Quote

0.025
0.01 +66.67%
30 Sep 2014