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Yangaroo Inc Closes Private Placement


Thursday, 13 Dec 2012 02:55pm EST 

Yangaroo Inc announced that its recently announced Private Placement has closed, raising an aggregate gross proceeds of $315,000, of which $140,000 was invested by company insiders. The Private Placement raised proceeds of $315,000, in respect of which 6,300,000 units ("Units") were subscribed for at a price of $0.05 per Unit. Each Unit consists of one common share and one warrant, entitling the holder to purchase one additional common share of YANGAROO at $0.10and expiring on December 13, 2015. All securities issued in connection with the Private Placement will be subject to a four-month hold period. The Private Placement is subject to final approval from the TSX Venture Exchange (the "Exchange"). 

Company Quote

0.2
-0.02 -9.09%
18 Sep 2014