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    Aldrin Resource Corp. Announces Financing

    Investing News Network
    Feb. 19, 2014 02:03PM PST
    Company News

    Aldrin Resource Corp. (TSXV:ALN) announced a non-brokered financing of up to $750,000, at $0.055 per unit. The Company also announced a $350,000 non-brokered flow-through private placement of units at $0.075 per unit.

    Aldrin Resource Corp. (TSXV:ALN) announced a non-brokered financing of up to $750,000, at $0.055 per unit. The Company also announced a $350,000 non-brokered flow-through private placement of units at $0.075 per unit.

    As quoted in the press release:

    Each unit will be comprised of one common share and one half share purchase warrant. Each full warrant is exercisable into one additional Aldrin common share at $0.10 per share for a period of 24 months from closing.

    Aldrin also announces a $350,000 non-brokered flow-through private placement of units at $0.075 per unit (the “FT Financing”). Each unit will be comprised of one flow-through common share and one half share purchase warrant. Each full warrant is exercisable into one additional Aldrin common share at $0.14 per share for a period of 24 months from closing.

    Click here to read the Aldrin Resource Corp. (TSXV:ALN) press release
    Click here to see the Aldrin Resource Corp. (TSXV:ALN) profile.

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