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Provider: Reuters Investment Profile

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Emerita Resources increases private placement financing to $1,227,575

Wednesday, 13 Aug 2014 08:00am EDT 

Emerita Resources Corp:Increases the size of its previously announced non-brokered private placement financing due to demand from investors in Spain.Intends to issue up to 12,275,750 common shares at a price of $0.10 per Common Share for gross proceeds of up to $1,227,575.Closing date of the Offering is expected to occur on or about Aug. 15.Proceeds of the Offering will be used to fund exploration activities of the Company with respect to the Company's mineral properties in Spain and for general corporate purposes. 

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-0.0050 -6.25%
21 Oct 2014