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Radisson Mining Resources (TSXV:RDS) announced that it has extended the closing date of the brokered private placement from May 15 2015 to on or about August 13 2015. The financing includes the issuance of up to 15,384,615 units priced at $0.13 per unit for up to $2,000,000.
Radisson Mining Resources (TSXV:RDS) announced that it has extended the closing date of the brokered private placement from May 15 2015 to on or about August 13 2015. The financing includes the issuance of up to 15,384,615 units priced at $0.13 per unit for up to $2,000,000.
As quoted in the press release:
Each Unit consists of one common share of the share capital of Radisson and one half share purchase warrant (“1/2 Warrant”). Each full Warrant entitles its holder thereof to purchase one common share at a price of $0.18 for a period of eighteen (18) months from the issuance of the Units.
A 8% commission and 8% Broker Warrants will be payable on the closing of the offering to JGC. Each Broker Warrant is exercisable into one (1) common share of Radisson for a period of eighteen (18) months at a price of $0.13 per share.
The common shares with respect to this offering will be subject to a four (4) month and one day hold period in accordance with applicable Canadian securities laws.
Click here to read the full Radisson Mining Resources (TSXV:RDS) press release.
