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Victory Mines Ltd Announces Completion Of Placement


Wednesday, 11 Sep 2013 07:40pm EDT 

Victory Mines Ltd announced the completion of the first tranche of the placement approved by shareholders at the general meeting held August 26, 2013. The first tranche has raised a total of $875,000 though the issue of 87,500,000 shares at price of $0.01 per share. Participants are also entitled to receive one attaching option for every four shares subscribed for and issued under the placement. The issue the options (exercisable at $0.03 on or before December 31, 2016) will be issued subject to shareholder approval to be put to the annual general meeting. 

Company Quote

0.0060
-0.0010 -14.29%
21 Oct 2014