Makena Resources Closes $395,000 Private Placement

Makena Resources Inc. (TSXV:MKN) has closed a non-brokered private placement of 7.9 million units at 5 cents per share to raise $395,000. Makena intends to use proceeds from the placement for general working capital.

As quoted in the press release:

Each unit consists of one common share and one transferrable share purchase warrant exercisable at a price of five cents until Aug. 21, 2018. The units in this private placement will have a hold period that expires on Dec. 22, 2014.

Click here to read the Makena Resources Inc. (TSXV:MKN) press release
Click here to see the Makena Resources Inc. (TSXV:MKN) profile.

Get the Latest Uranium Investing Stock Information

Get the latest information about companies associated with Uranium Investing delivered directly to your inbox.

Uranium

By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time.

Peninsula-Energy-Logo-

Peninsula Energy

Peninsula Energy (ASX:PEN) is set to be the ASX’s next uranium producer. Its flagship Lance Projects in Wyoming is headed towards production in 2015, with purchasing contracts secured for 2015 to 2024.

Connect here and don't miss their next catalyst!Learn More
Comments

Leave a Reply