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CBM Asia Development Corp announces C$11 mln non-brokered private placement


Monday, 7 Apr 2014 08:00am EDT 

CBM Asia Development Corp:Announces a non-brokered private placement of C$11,000,000 secured loans with bonus shares.Offering up to 550 Units at a price of C$20,000 per Unit for aggregate gross proceeds of up to C$11,000,000.Units will be sold directly by the Issuer and through certain dealers, agents and other finders, registered and otherwise.Each Unit consists of one Note in the principal amount of C$20,000 and 80,000 Bonus Shares.Proceeds to be used for General and administrative expenses. 

Company Quote

0.01
-0.0050 -33.33%
3 Jul 2014