Alpha Minerals Inc. (TSXV:AMW) closed its private placement for aggregate gross proceeds of $3,150,000. There was a total of 1,500,000 flow-through shares at a price of $2.10 per unit.
As quoted in the press release:
The Offering was completed by a syndicate of underwriters comprised of Salman Partners Inc. and Cormark Securities Inc. (collectively the “Underwriters”). The Underwriters received a commission equal to 6% of the gross proceeds of the Offering and broker warrants entitling them to purchase that number of common shares equal to 3% of the Flow-Through Shares sold under the Offering.
Get our expert guide to gold investing!
Click here to discover what the experts see coming in 2016 and beyond with our INN Insider's Report (value of $49) for FREE.
Limited time offer. No credit card required.