• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Industrial Metals Market
    Industrial Metals News
    Industrial Metals Stocks
    • Industrial Metals Market
    • Industrial Metals News
    • Industrial Metals Stocks

    PBX Announces Private Placement

    Investing News Network
    Aug. 12, 2010 10:31AM PST
    Industrial Metals

    International PBX Ventures Ltd. (CVE:PBX) announces that, subject to TSX Venture Exchange approval, it will raise $300,000 by way of a non-brokered private placement of one and one half million units at a price of $0.20 per unit.

    International PBX Ventures Ltd. (TSXV:PBX) announces that, subject to TSX Venture Exchange approval, it will raise $300,000 by way of a non-brokered private placement of one and one half million units at a price of $0.20 per unit.

    The press release is quoted as saying:

    Each unit will consist of one common share and one-half of a warrant. One whole warrant entitles the holder to purchase one additional share at $0.30 per share for one year from the closing date of the private placement. The warrants are subject to an acceleration clause which is triggered when the Company’s shares trade at $0.40 or more for ten consecutive trading days. Upon the occurrence of such event, the Company reserves the right, at its discretion, to demand exercise of the warrants within a specified period of time, barring which the warrants will expire. The Company may pay finder’s fees in accordance with the policies of the TSX Venture Exchange in connection with the private placement.

    Click here to access the entire press release

    Click here to access International PBX Ventures Ltd. Corporate Site

    private placementtsxv:pbx
    The Conversation (0)

    Go Deeper

    AI Powered
    Providence Extends Private Placement

    Providence Extends Private Placement

    Providence Gold Mines Inc. Announces Extension of Private Placement

    Providence Gold Mines Inc. Announces Extension of Private Placement

    Latest News

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Stocks

    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES
    ×