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Tawsho Mining Inc Announces Management Changes and Private Placement Financing


Tuesday, 18 Jun 2013 11:07am EDT 

Tawsho Mining Inc announced that the appointment of Mr. Stephen Balch (P.Geo.) as President and Chief Executive Officer (CEO) of the Corporation. Mr. Balch has 28 years of experience as an exploration geophysicist and has been involved with public companies since 2004. Mr. Joseph Feldman will resign as President and CEO but will remain as a Director of the Corporation. Tawsho greatly appreciates Mr. Feldman's continuing efforts in supporting the Corporation. Tawsho intends to issue up to 1,600,000 flow-through (FT) units at a price of $0.125 per unit, to raise gross proceeds of up to $200,000 and 1,000,000 hard dollar (HD) units at a price of $0.10 per unit, to raise gross proceeds of $100,000 for total gross proceeds of up to $300,000. Each HD unit will consist of one common share and one common share purchase warrant. Each warrant will entitle the holder to purchase one common share of Tawsho at a price of $0.20 per share for a period of two years from the date of issuance. 

Company Quote

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11 Feb 2015