Taipan Resources Inc: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
Taipan Resources Inc Announces Closing of Private Placement
Taipan Resources Inc announced that the Company has completed a non-brokered private placement for gross proceeds of approximately $3,107,450 through the issuance of 8,878,425 units at a price of $0.35 per Unit. Each Unit consists of one common share and one warrant exercisable into an additional common share at a price of $0.50 for a period of five years. Management of Taipan subscribed for approximately 20% of the Private Placement. The Company intends to use the net proceeds of the Private Placement for exploration expenditures and working capital requirements. The Company may pay finders' fees on all or a portion of the Private Placement. All securities issued pursuant to the Private Placement are subject to a statutory hold period expiring on June 14, 2013.
Latest Developments for Taipan Resources Inc
Latest Key Developments in Oil
- Share this
- Digg this