Soldi Ventures Inc: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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Soldi Ventures Inc Announces Private Placement
Soldi Ventures Inc announced that it has arranged a non-brokered private placement of up to 5,000,000 units at a price of $0.12 per unit for total proceeds of up to CAD600,000 subject to the approval of the TSX Venture Exchange. Up to 5,000,000 units will be issued as non flow-through units consisting of one common share and one share purchase warrant. One full warrant will entitle the holder to purchase one additional common share of the Company at a price of CAD0.15 per share for the first year, and CAD0.18 per share until expiration in second and final year. The proceeds of the private placement will be used for exploration work on the Company's mineral properties and general working capital. Finder's fees, as allowed pursuant to the policies of the TSX Venture Exchange, may be payable in connection with the offering.
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