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    market news

    Belvedere Resources Undertakes Private Placement to Raise C$ 4 million

    Investing News Network
    May. 05, 2010 05:20PM PST
    Base Metals Investing

    On April 30, 2010, Belvedere Resources Ltd. BEL:TSX-V (“Belvedere”) of Vancouver, British Columbia decides to make private placement to raise C$ 4 million at C$ 0.15 per common share with no warrants attached for a maximum of 26.67 million shares.
    The press release is quoted as saying:
    “The agent, London stockbrokers Ocean Equities Ltd., will undertake the […]

    On April 30, 2010, Belvedere Resources Ltd. BEL:TSX-V (“Belvedere”) of Vancouver, British Columbia decides to make private placement to raise C$ 4 million at C$ 0.15 per common share with no warrants attached for a maximum of 26.67 million shares.

    The press release is quoted as saying:

    “The agent, London stockbrokers Ocean Equities Ltd., will undertake the engagement on a best efforts basis. Subject to the policies of the TSX Venture Exchange, a fee of 5% will be paid to Ocean Equities on the funding of the issue.”

    Source: https://www.belvedere-resources.com/assets/files/newsapril302010.pdf

    market newsprivate placementocean equities
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