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Kimber Resources Inc Closes CAD2,000,000 Private Placement With Invecture Group


Thursday, 3 Oct 2013 02:10pm EDT 

Kimber Resources Inc announced the closing of the private placement with Invecture Group, S.A. de C.V. (Invecture) which was announced in its news release of September 25, 2013. The placement consisted of the sale of 20,000,000 common shares of the Company at a price of CAD0.10 per common share for gross proceeds of CAD2,000,000. The proceeds of the placement will be used for working capital and general corporate purposes. The shares issued to Invecture are subject to a hold period in Canada which expires on February 3, 2014. 

Company Quote

0.15
0.0050 +3.45%
13 Jan 2014