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    Makena Resources Proposes $600,000 Private Placement

    Teresa Matich
    Jul. 04, 2014 03:34PM PST
    Company News

    Makena Resources Inc. (TSXV:MKN) will propose a non-brokered private placement of up to 12 million units priced at $0.05 per share for gross proceeds of $600,000.

    Makena Resources Inc. (TSXV:MKN) reported today that it will propose a non-brokered private placement of up to 12 million units priced at $0.05 per share for gross proceeds of $600,000.

    As quoted in the press release:

    Each unit will consist of one common share and one transferable share purchase warrant exercisable at $0.05 per share for a period of five years, subject to approval of the TSX Venture Exchange (“TSX.V”). The securities issued will be subject to a four-month hold period in accordance with applicable Canadian securities law.

    Click here to read the Makena Resources Inc. (TSXV:MKN) press release
    Click here to see the Makena Resources Inc. (TSXV:MKN) profile.

    private placementmakena resourcestsxv:mkn
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