SLAM Exploration Announces Closing of First Tranche of Private Placement
SLAM Exploration Ltd. (TSXV:SXL) announced that they have closed the first tranche of a non-brokered private placement for aggregate gross proceeds of $145,000.
As quoted in the press release:
SLAM Exploration Ltd. (TSXV:SXL) announced that they have closed the first tranche of a non-brokered private placement for aggregate gross proceeds of $145,000.
As quoted in the press release:
The Company issued 2,900,000 flow-through units at a subscription price of $0.05 per FT-Unit for aggregate gross proceeds of $145,000 in connection with the first tranche. Each FT-Unit is comprised of one common share in the capital of the Company issued on a flow-through basis and one-half of one common share purchase warrant . The Company issued an aggregate of 1,450,000 Warrants as part of the FT-Units. Each Warrant entitles the holder thereof to acquire one non-flow-through common share at a price of $0.10 for a period of 12 months and at a price of $0.15 for an additional 12 months thereafter, expiring 24 months after the date of issuance. The FT-Units issued in connection with the first tranche are subject to a four-month and one day hold period until November 05, 2013.
To view the whole press release, click here.
MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 1830.34 | +11.77 | |
Silver | 20.99 | +0.17 | |
Copper | 3.80 | +0.02 | |
Palladium | 2002.00 | +133.00 | |
Platinum | 932.00 | +22.00 | |
Oil | 113.38 | +1.62 | |
Heating Oil | 4.09 | -0.02 | |
Natural Gas | 6.69 | +0.12 |
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 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.