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Cuervo Board Receives and Accepts Financing of $405,000

Investing News Network
Oct. 04, 2011 09:52AM PST
Base Metals Investing

Cuervo Resources Inc. (CNSX-FE; FWB-CRR; “Cuervo” or the “Company”) wishes to announce that the Board of Directors has received and accepted an offer to provide the Company with $CDN 405,000 in equity financing.

Cuervo Resources. (CNSX:FE) reported receipt and acceptance of $405,000 in equity financing.

As quoted in the press release:

Cuervo Resources Inc. (CNSX-FE; FWB-CRR; “Cuervo” or the “Company”) wishes to announce that the Board of Directors has received and accepted an offer to provide the Company with $CDN 405,000 in equity financing.

The non-brokered private placement will see Cuervo issue one million three hundred and fifty thousand (1,350,000) Units of the Company, at a price of $CDN 0.30 per Unit, for gross proceeds of $CDN 405,000 (the “Financing”).

Click here to read the Cuervo Resources (CNSX:FE) press release.

 

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