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

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Reservoir Capital Corp plans to raise up to $1 mln by private placement

Monday, 9 Jun 2014 09:00am EDT 

Reservoir Capital Corp:Intends to undertake private placement of $1,000,000 by issuance of 6,666,666 units at $0.15 per unit.Each unit shall consist of one common share and one non-transferable, common share purchase warrant.Each warrant will entitle the holder to purchase an additional common share at $0.20 for five years.Proceeds will be used to support continued permitting work on Brodarevo Hydroelectric Project in Serbia, new business efforts in Bosnia and Montenegro and for general corporate purposes. 

Company Quote

25 Nov 2014