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Dajin Resources Corp. (TSXV:DJI) announced a non-brokered Private Placement for 4,000,000 Units at a price of $0.05 per unit totaling $200,000.
As quoted in the press release:
Dajin Resources Corp. (“Dajin”) (DJI-V: TSX) (DJIFF-OTC) is pleased to announce that, subject to regulatory approval, a non-brokered Private Placement has been arranged for 4,000,000 Units at a price of $0.05 per unit for gross proceeds of $200,000. Each Unit is comprised of one common share and one non-transferable share purchase warrant. Each warrant will entitle the holder to purchase one additional common share of Dajin at a price of $0.05 per share for a period of two years from the date of acceptance of the Private Placement by the TSX Venture Exchange. A finder’s fee will be paid in cash or units on closing in accordance with TSX Venture Exchange policy. The proceeds from the Private Placement will be used for property exploration, project development and for general working capital.
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