The Conversation (0)
Dajin Resources Corp. (TSXV:DJI,OTC:DJIFF) has closed its financing previously announced on March 16, 2015. 4,000,000 units have been issued to 3 investors for net proceeds of $200,000.
As quoted in the press release:
Dajin Resources Corp. (the “Company”) (DJI-V: TSX) (DJIFF: OTC) is pleased to report that it has closed the non-brokered Private Placement announced on March 16, 2015 with the issuance of 4,000,000 Units to 3 investors for net proceeds of $200,000. The 4,000,000 common shares issued pursuant to this financing are subject to a four month hold period expiring July 27, 2015. A finder’s fee of 400,000 Units will be issued in respect to this financing.
Each Unit consists of one common share in the capital of the Company (“Common Share”) and one non-transferable share purchase warrant (“Warrant”). Each Warrant entitles the holder thereof to purchase one Common Share of the Company at a price of $0.05 on or before March 26, 2017.
Proceeds from the Private Placement will be used for property exploration, project development,
review of new projects and for general working capital.
Click here to read the Dajin Resources Corp (TSXV:DJI,OTC:DJIFF) press release
Click here to see the Dajin Resources Corp (TSXV:DJI,OTC:DJIFF) profile.