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Source Exploration Corp closes non-brokered private placement


Friday, 16 May 2014 06:13pm EDT 

Source Exploration Corp:Closes previously announced non-brokered private placement of 10,257,166 units at a price of $0.12 per Unit for gross proceeds of $1,230,859.90.Each Unit consisted of one common share of the Company and one common share purchase warrant (Warrant).Each Warrant entitles holder to purchase one common share of the Company at price of $0.20 per common share until May 15, 2019.Proceeds from Private Placement will be used to continue exploration on the Company's Las Minas project located in the State of Veracruz, Mexico, and for general working capital purposes. 

Company Quote

0.065
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17 Dec 2014