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Victory Ventures Inc Closes Oversubscribed $0.05 Private Placement


Thursday, 16 May 2013 04:18pm EDT 

Victory Ventures Inc announced that it has completed an oversubscribed non-brokered private placement of 4,100,000 Units at $0.05 per Unit. Each Unit consists of one common share and one share purchase warrant, exercisable to acquire an additional share at $0.10 per share for a two year period. The Company has paid an aggregate of $15,000 and issued 200,000 Finders Warrants, which carry the same terms and conditions as the Warrants. Subject to regulatory approval, the Company is carrying out an additional non-brokered private placement of 5,000,000 Units at $0.06 per Unit. Each Unit will consist of one common share and one share purchase warrant, exercisable to acquire an additional common share at $0.12 per share for a two year period. 

Company Quote

0.015
0.0 +0.00%
18 Dec 2014