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Provider: Thomson Reuters Stock Report
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Provider: Thomson Reuters Stock Report
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Ratel Group Ltd Announces Closing Of Private Placement Of Subscription Receipts


Thursday, 21 Feb 2013 05:16pm EST 

Ratel Group Ltd announced that, further to its press release dated January 28, 2013, RTG Mining Inc. (RTG) has closed a private placement of 162,538,641 subscription receipts (the Subscription Receipts) at CAD0.13 per Subscription Receipt for aggregate gross proceeds of approximately CAD21.1 million. The placement was undertaken in conjunction with Haywood Securities Inc., as agent for the Private Placement. The gross proceeds of the Private Placement will be held in escrow pending satisfaction of the escrow release conditions, among other things, being: shareholder approval of the Merger, the completion of the Merger and shareholder approval of the Private Placement. 

Company Quote

0.58
-0.02 -3.33%
19 Dec 2014