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Tembo Gold Corp completes C$5.95 mln non-brokered tranche of equity financing


Tuesday, 3 Dec 2013 02:00am EST 

Tembo Gold Corp:Says it refers to the announcement dated Nov. 15.Says it has issued 59,488,901 units of the company at a price of C$0.10 per Unit for aggregate gross proceeds of C$5,948,890.10.The company expects to close a second non-brokered tranche of the Offering towards the middle of Dec. 2013.Each Unit consists of one common share of the company and one common share purchase warrant.Each Warrant is exercisable for one common share of the company until Dec. 2, 2016 at an exercise price of C$0.12. 

Company Quote

0.015
-0.0050 -25.00%
19 Dec 2014