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Provider: Reuters Investment Profile

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Zephyr Minerals Ltd Announces Non-Brokered Private Placement

Wednesday, 6 Feb 2013 03:02pm EST 

Zephyr Minerals Ltd announced that it will undertake a non-brokered private placement to sell up to 2,000,000 units of the Company at a price of $0.18 per unit for gross proceeds of up to $360,000.Each unit consists of one common share and one-half of one common share purchase warrant. Each whole warrant entitles the holder to acquire one common share at an exercise price of $0.25 per common share at any time on or before the 12-month anniversary of the closing of the offering.Closing of the non-brokered offering is anticipated to occur on or before February 19, 2013. 

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0.01 +6.67%
20 Oct 2014