CBM Asia Development Corp. Announces $5,000,000 Private Placement

- July 26th, 2013

CBM Asia Development Corp. (TSXV:TCF,FWB:IY2) announced a non-brokered private placement, in place of the Company’s previously announced private placement on May 9, 2013. The private placement is at a price of $0.10 per share, of up to 50,000,000 shares, for gross proceeds of up to $5,000,000.

 CBM Asia Development Corp. (TSXV:TCF,FWB:IY2) announced a non-brokered private placement, in place of the Company’s previously announced private placement on May 9, 2013. The private placement is at a price of $0.10 per share, of up to 50,000,000 shares, for gross proceeds of up to $5,000,000.

As quoted in the press release:

…announces a non-brokered private placement of up to 50,000,000 shares at a price of CAD0.10 per share for gross proceeds of up to CAD5.0 million (the “Offering”) in place of the Company’s previously announced private placement on May 9, 2013.

Click here to read the CBM Asia Development Corp. (TSXV:TCF,FWB:IY2) press release

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