Aston Bay Holdings Closes Second Tranche of Private Placement

 Aston Bay Holdings Ltd. (TSXV:BAY) closed the second tranche of its non-brokered private placement for gross proceeds of $71,500.

As quoted in the press release:

Pursuant to this second tranche of the offering (the “Offering”), the Company has issued a total of 26 flow-through units (the “FT Units”) at a price of $2,750 per FT Unit, for gross proceeds of $71,500. Each FT Unit consists of 10,000 flow-through common shares (“FT Shares”) priced at $0.20 per FT Share, 5,000 non-flow-through common shares priced at $0.15 per NFT Share and 5,000 warrants. Each Warrant entitles the holder to acquire an additional NFT Share at a price of $0.30 per NFT Share until November 28, 2015, subject to accelerated expiry in certain circumstances.

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