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Viscount Closes a $1 Million Non-Brokered Private Placement22.01.2019 | 16:11 Uhr | GlobeNewswire
VANCOUVER, Jan. 22, 2019 - Viscount Mining Corp. (TSX-V: VML) (OTCQB: VLMGF) (“Viscount” or the “Company”) is pleased to announce a Non-Brokered Private Placement raising gross proceeds of $1,002,500 from the issuance and sale of 5,012,500 Units at a price of $0.20 per Unit. Each Unit consists of one (1) common share (“Common Share”) of the Company and one (1) share purchase warrant (“Warrant”). Each Warrant will entitle the holder thereof to purchase one additional common share of the Issuer for a period of 2 years from the Closing Date at an exercise price of $0.35 per Warrant Share. Three directors of the Corporation participated in the private placement. There were no new insiders created, nor any change of control as a result of this Private Placement. On approval by the TSX-V Finder fees will be paid totaling $19,600 in cash and 73,500 broker warrants which will have the same terms and conditions as unit warrants. All securities issued in the financing are subject to a statutory hold period expiring four months and one day after closing. The Placement is subject to TSX-V approval. The net proceeds from the placement will be used to advance the Company's mineral projects in Nevada and Colorado, and for general corporate and working capital purposes. The Company also wishes to announce that pursuant to the Company's Stock Option Plan, it has granted 971,000 stock options at a price of $0.22 per common share to certain directors, officers and consultants of the Company. As per the Company's Stock Option Plan, the options granted are exercisable until January 22, 2024. The Options and underlying common shares are subject to a four-month hold period in accordance with the policies of the TSX Venture Exchange. Grant of the options is subject to the approval of the TSX Venture Exchange. About Viscount Mining (TSX VENTURE: VML) (OTCQB: VLMGF) The property is interpreted to encompass a portion of a large caldera and highly altered sequence of tertiary rhyolitic flows and fragmental units which offers potential to host deposits with both precious and base metals. This has been demonstrated in the mineralization historically extracted from the numerous underground and surface mining operations. Drilling in the 1980s by Tenneco resulted in a historical pre-feasibility study on which basis it was planned to bring the property to production. The plan was abandoned following takeover by another company. For additional information regarding the above noted properties and other corporate information, please visit the Company's website at www.viscountmining.com ON BEHALF OF THE BOARD OF DIRECTORS For further information, please contact: Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Forward-Looking Statements Dieser Artikel stammt von Rohstoff-Welt.de
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