Uracan Announces Closing of Private Placement

Resource Investing News

Uracan Resources (TSXV:URC) has announced it has closed a non-brokered private placement of 1,538,461 flow-through shares at a price of $0.065 per share for proceeds of $100,000. As quoted in the press release: The flow-through shares are subject to a hold period expiring March 18, 2017. Finder’s fees of $6,000 were paid to Secutor Capital …

Uracan Resources (TSXV:URC) has announced it has closed a non-brokered private placement of 1,538,461 flow-through shares at a price of $0.065 per share for proceeds of $100,000.
As quoted in the press release:

The flow-through shares are subject to a hold period expiring March 18, 2017. Finder’s fees of $6,000 were paid to Secutor Capital Management Corp. in connection with the Offering. Proceeds will be used towards exploration work in Quebec.

Click here to read the full press release.

The Conversation (0)
×