Woulfe Mining closes $4,407,500 brokered private placement

Woulfe Mining reports that it has completed a partially non-brokered private placement.

The Placement was brokered by GMP Securities Europe LLP which shall receive a cash commission of 6% of the proceeds directly placed and 3% of the proceeds placed by the Company and 1,763,000 compensation warrants representing 6% of the shares placed. Each whole compensation warrant will entitle GMP to acquire an additional common share of the Company at a price of $0.22 per Share for a period of 24 months.

For complete press release, click here.

For Woulfe Mining company profile, click here.