Analyst Research

Report Title Price
Provider: Reuters Investment Profile
$20.00
Provider: GlobalData
$125.00
Provider: GlobalData
$125.00
Provider: GlobalData
$125.00

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Stroud Resources Ltd Announces Private Placement


Monday, 29 Apr 2013 09:57am EDT 

Stroud Resources Ltd announced plans to raise up to $400,000 in a nonbrokered private placement. Stroud is proposing to offer up to 20,000,000 units at a price of $0.02 per unit, with each unit consisting of one common share and one half of one nontransferable common share purchase warrant. Each whole share purchase warrant will entitle the holder to acquire one common share at a price of $0.05 for a period of 12 months from the closing date of the offering and thereafter at a price of $0.10 until the date that is 24 months from the closing date. Stroud proposes to use the net proceeds from this offering to maintain and preserve its existing business and assets, with the exception of up to $50,000 for general working capital. 

Company Quote

0.0050
-0.0050 -50.00%
19 Jun 2014