Corsa Coal (TSXV:CSO) has completed its previously announced private placement for gross proceeds of US$7.25 million. Proceeds will be used for working capital and for general corporate purposes.
Corsa Coal (TSXV:CSO) has completed its previously announced private placement for gross proceeds of US$7.25 million. Proceeds will be used for working capital and for general corporate purposes.
As quoted in the press release:
Upon the completion of the Private Placement, the previously announced waivers and amendments set out in the first amending agreement (the “Amending Agreement”) to the credit agreement governing the US$25 million credit facility of Corsa’s wholly-owned subsidiary Wilson Creek Holdings, Inc. became effective. The Private Placement and the Amending Agreement were originally announced on October 21, 2015.
The TSX Venture Exchange (“TSXV”) has granted approval of the listing of the Common Shares issued under the Private Placement. Such Common Shares are subject to resale restrictions pursuant to applicable securities laws and requirements, as well as stock exchange rules, and will not be freely tradeable until February 24, 2016.
MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 1796.45 | -2.68 | |
Silver | 20.71 | -0.07 | |
Copper | 3.62 | -0.05 | |
Palladium | 2228.32 | +15.32 | |
Platinum | 957.50 | -3.50 | |
Oil | 91.21 | -0.88 | |
Heating Oil | 3.50 | -0.02 | |
Natural Gas | 8.64 | -0.13 |
DOWNLOAD FREE REPORTS
BROWSE COMPANIES BY SECTOR
- Agriculture Investing
- Phosphate Investing
- Potash Investing
- Base Metals Investing
- Copper Investing
- Iron Investing
- Lead Investing
- Nickel Investing
- Zinc Investing
- Battery Metals Investing
- Cobalt Investing
- Graphite Investing
- Lithium Investing
- Manganese Investing
- Vanadium Investing
- Critical Metals Investing
- Magnesium Investing
- Rare Earth Investing
- Scandium Investing
- Tantalum Investing
- Tellurium Investing
- Tungsten Investing
- Energy Investing
- Oil and Gas Investing
- Uranium Investing
- Gem Investing
- Diamond Investing
- Industrial Metals Investing
- Aluminum Investing
- Chromium Investing
- Coal Investing
- Molybdenum Investing
- Tin Investing
- Precious Metals Investing
- Gold Investing
- Palladium Investing
- Platinum Investing
- Silver Investing
- 3D Printing Investing
- Bitcoin Investing
- Blockchain Investing
- Cleantech Investing
- Cloud Investing
- Cryptocurrencies
- Data Investing
- Emerging Tech Investing
- Artificial Intelligence Investing
- Mobile Investing
- Robotics Investing
- Fintech Investing
- Gaming Investing
- Esports Investing
- Nanoscience Investing
- Graphene Investing
- Nanotech Investing
- Security Investing
Featured Industrial Metals Stocks
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.