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Tournigan Energy reports a private placement is planned to raise up to $3,000,000 from a non-brokered private placement financing from the sale of up to 30,000,000 units at a price of $0.10 per unit.
Each Unit will comprise one common share and one-half of one common share purchase warrant. Each whole warrant will entitle the holder to purchase one common […]
Tournigan Energy reports a private placement is planned to raise up to $3,000,000 from a non-brokered private placement financing from the sale of up to 30,000,000 units at a price of $0.10 per unit.
Each Unit will comprise one common share and one-half of one common share purchase warrant. Each whole warrant will entitle the holder to purchase one common share of Tournigan at a price of $0.20 per share for a period of twenty-four months from the closing date. The private placement is subject to compliance with applicable securities laws and to receipt of regulatory approval. The Company may pay finder’s fees on a portion of the placement within TSX Venture Exchange allowable limit.
For complete news release, click here.
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