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Puget Ventures Inc. (TSXV:PVS) filed a preliminary short form prospectus with respect to an offering of subscription receipts , which will be conducted on behalf of the Company by a syndicate co-led by Euro Pacific Canada Inc. and Jacob Securities Inc. and including D & D Securities Inc.
As quoted in the press release:
The short form prospectus has been filed with the securities commissions of the Provinces of British Columbia, Alberta, Manitoba and Ontario, and qualifies the distribution of a minimum of 5,500,000 subscription receipts and a maximum of 15,239,000 subscription receipts (the “Subscription Receipts”) of the Company at a price of $1.05 per Subscription Receipt (the “Offering Price”), for minimum total gross proceeds of $5,775,000 (the “Minimum Offering”) and maximum total gross proceeds of $16,000,950 (the “Maximum Offering”). Each Subscription Receipt will entitle the holder to a unit comprised of one common share of Puget, and one-half of one common share purchase warrant exercisable at $1.50 for a period of 36 months following completion of the offering.
Click here to read the Puget Ventures Inc. (TSXV:PVS) press release
Click here to see the Puget Ventures Inc. (TSXV:PVS) profile.
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